Does the government of Venezuela really own Citgo gas stations? If so, and the ruler has vowed to overthrow the U.S., why would anyone here (in the U.S.) buy their gas there?
2006-07-20 07:15:32 · 7 answers · asked by Smoothie 5 in Politics & Government ➔ Other - Politics & Government
Yes they do, and no I don't.....here's the article I found in urban legends.
Advocating a boycott of gasoline marketed by Citgo Petroleum Corporation (which has been owned by Petróleos de Venezuela, the national oil company of Venezuela, since 1990) over political issues is problematic for a number of reasons (not least of which is the notion that threatening not to buy gasoline from someone who is threatening not to sell it to you doesn't sound like an effective ploy for either side). For one thing, although Citgo may be owned by Petróleos de Venezuela, it is a formerly American company which is still headquartered in the U.S. (in Houston, Texas), employs 4,000 people, and supplies 14,000 independent retailers with gasoline and other petroleum products — Americans with no substantive connection to Venezuela who would be economically harmed by such an action. And, of course, as long as the global demand for oil exceeds supply, Citgo's products will continue to find buyers whether or not they're purchased by Americans.
2006-07-20 07:23:22 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Yes, Citgo is owned by the government of Venezuela. I don't know if Chavez has actually vowed to overthrow the U.S. We live in a capitalistic society, with a free market, and if people can get gasoline there at a competitive price, they will.
2006-07-20 14:23:53 · answer #2 · answered by MTSU history student 5 · 0⤊ 0⤋
Yes sir, Citgo is the baby of Chavez and he's going to shut them down.
2006-07-20 14:18:00 · answer #3 · answered by kathy059 6 · 0⤊ 0⤋
Yes they do. Because on every corner around here there is one and there is no other. Most people do not know that fact. Another fact they are shutting down all the unproductive stations in the US.
2006-07-20 14:18:55 · answer #4 · answered by Brian K 1 · 0⤊ 0⤋
Well from what i have seen they have cheap gas prices and do to our proverty level here in the states cheap is better.. that means i might be able to buy food for myself! as said as it is that's where we are at!
Trust me I don't want to support anything like that but when times are hard i'll do what i can to servive!
2006-07-20 14:31:09 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Basic facts of the matter:
http://www.snopes.com/politics/gasoline/citgo.asp
2006-07-20 14:17:40 · answer #6 · answered by effin drunk 5 · 0⤊ 0⤋
Yes they do
most people either don't know or they simply don't care!
2006-07-20 14:19:26 · answer #7 · answered by Pobept 6 · 0⤊ 0⤋