Tag Archives: citgo

CITGO to start distribution of discounted heating oil to USA’s poor

Rafael Ramirez, Venezuela’s Minister of Energy and Petroleum has announced that CITGO, the Venezuelan owned and U.S. based fuel refiner/distributer will begin distributing discounted heating oil to poor U.S. communities next week.

Ramirez stated that this effort is to demonstrate Venezuela’s continuing commitment to poor and disadvantaged communities in the U.S. President Hugo Chavez had made the announcement in August during Jesse Jackson’s visit.

CITGO seems to be doing well

It appears thatCITGO’s profits for nine months continue are continuing strongly, according to VHeadline industry commentarist Oliver L. Campbell.

Citgo is the retail oil company owned by Venezuelan State Oil company PDVSA.
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