citgo

[kent jones]

hay guys how many of you know who owns citgo gas ? Hugo chavez and the venezuelan government

[pkw1689]

Here are some details from Wikipedia:
Citgo Petroleum Corporation or Citgo, a subsidiary of Petróleos de Venezuela S.A., the Venezuelan state-owned petroleum company, is a United States-incorporated firm refiner and marketer of gasoline, lubricants, petrochemicals and other petroleum products. PDVSA is controlled by the Venezuelan government. The Citgo gasoline brand was inaugurated in 1965 by the Cities Service Company, a United States based energy company that first rose to prominence in the early 1900s. Cities Service Company was acquired by Occidental Petroleum Corporation in 1982. That same year, Cities Service Company transferred all of the assets of its Refining, Marketing and Transportation division (which comprised its refining and retail petroleum business) into the newly formed Citgo Petroleum Corporation subsidiary, to ease the divestiture of the division. In 1983, Citgo and the Citgo brand was sold by Occidental to Southland Corporation, owners of the 7-Eleven chain of convenience stores; 50% was sold to Petróleos de Venezuela in 1986, and the remainder in 1990.

[no problem]

the owners come, the owners go...want directions to Fenway Park or Kenmore Square/BU?? go to teh CITGO sign..enough said...

[Flyswatter]

i agree with you , you could boycott exon for the valdez disater( you know they still owe the fisherman of alaksa like 80 million, even though they have posted record quartes of business revenues in the billions), Chevron gets alot of oile vrom venezuela as well) , chavez is a nut job, but our founding father did write a little document , with something called freedom of speech in there, you cant pick who it applies to . oh wait a minute emperor dumbyah doesnt acknowledge the constitution. :confused: