7-Eleven dropping Venezuela-backed Citgo

MrBrian
MrBrian Posts: 2,672
edited September 2006 in A Moving Train
1 hour, 20 minutes ago
DALLAS - Convenience store operator 7-Eleven Inc. is dropping Venezuela-backed Citgo as its gasoline supplier at more than 2,100 locations and switching to its own brand of fuel.

The retailer said Wednesday it will purchase fuel from several distributors, including Tower Energy Group of Torrance, Calif., Sinclair Oil of Salt Lake City, and Houston-based Frontier Oil Corp.

Citgo is a Houston-based subsidiary of Venezuela's state-owned oil company, and the foreign parent became a public-relations issue for 7-Eleven because of comments by Venezuelan President Hugo Chavez.

Chavez has called President George W. Bush the devil and an alcoholic. The U.S. government has warned that Chavez is a destabilizing force in Latin America.

Chabris said a boycott of Citgo gasoline would hurt the 4,000 employees of the U.S. subsidiary, who have no connection to Venezuela.

7-Eleven had been considering creating its own brand of fuel since at least early last year. Company officials said at the time they had spoken with independent fuel distributors.

http://news.yahoo.com/s/ap/20060927/ap_on_bi_ge/7_eleven_citgo
Post edited by Unknown User on
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Comments

  • jlew24asu
    jlew24asu Posts: 10,118
    good for them. we make that guy alot of money.
  • jlew24asu wrote:
    good for them. we make that guy alot of money.

    Now we can make more money for rich white men. Hooray !!
    War is Peace
    Freedom is Slavery
    Ignorance is Strength
  • I'd rather give my money to rich white men in this country, then a rich dictator in another.
  • RainDog
    RainDog Posts: 1,824
    I'd rather give my money to rich white men in this country, then a rich dictator in another.
    So you buy nothing from stations supplied by Saudi Arabia?
  • Cosmo
    Cosmo Posts: 12,225
    I have a question...
    "Convenience store operator 7-Eleven Inc. is dropping Venezuela-backed Citgo as its gasoline supplier at more than 2,100 locations and switching to its own brand of fuel."
    ...
    Why wasn't 7-Eleven selling 'its own brand of fuel' the whole time?
    Allen Fieldhouse, home of the 2008 NCAA men's Basketball Champions! Go Jayhawks!
    Hail, Hail!!!
  • RainDog wrote:
    So you buy nothing from stations supplied by Saudi Arabia?

    I'm not sure which stations receive their gas from Saudi Arabia. I do know that Citgo gets the majority of its gas from Venezuela and Chavez. I think Chavez is a douche and I refuse to support him. If I have to choose between the Sauds and Chavez, I'm going with Saudi Arabia.
  • MrBrian
    MrBrian Posts: 2,672
    Cosmo wrote:
    I have a question...
    "Convenience store operator 7-Eleven Inc. is dropping Venezuela-backed Citgo as its gasoline supplier at more than 2,100 locations and switching to its own brand of fuel."
    ...
    Why wasn't 7-Eleven selling 'its own brand of fuel' the whole time?

    I dunno, but i'm sure it's gonna have quality issues.
    ---

    This is a great time for some smart entrepreneur to start his own gas company and get the juice from chavez, i'm sure chavez would cut a great deal at this point just to hit back at america and 7 eleven, a new gas station that will undercut the competition.

    anyone have a couple hundred million to invest?

    of course I don't know if the system would allow something like that, but I think it's kinda interesting to think about.
  • RainDog
    RainDog Posts: 1,824
    I'm not sure which stations receive their gas from Saudi Arabia. I do know that Citgo gets the majority of its gas from Venezuela and Chavez. I think Chavez is a douche and I refuse to support him. If I have to choose between the Sauds and Chavez, I'm going with Saudi Arabia.
    You do know what kind of government Saudi Arabia has, right? Does Wahabbism strike a chord?

    But it's good to know you're more afraid of words than actions.
  • MrBrian
    MrBrian Posts: 2,672
    RainDog wrote:
    You do know what kind of government Saudi Arabia has, right? Does Wahabbism strike a chord?

    .

    i'm not too familiar with Wahabbism but all I know is that the sauds are corrupt,very corrupt.

    Imagine a government that oppresses it's own people, a government/leaders that live in palaces while it's people on the street go hungry, such a rich country that does almost nothing to help people. not even it's own people.
  • RainDog wrote:
    You do know what kind of government Saudi Arabia has, right? Does Wahabbism strike a chord?

    But it's good to know you're more afraid of words than actions.

    Actually I hadn't heard of Wahhabism or Wahhabi Islam. But thanks to the internet I did a little research and learned something new. I would gladly stop buying my gas from Saudi Arabia or any other foreign country, but that isn't realistic.
  • RainDog
    RainDog Posts: 1,824
    MrBrian wrote:
    i'm not too familiar with Wahabbism but all I know is that the sauds are corrupt,very corrupt.

    Imagine a government that oppresses it's own people, a government/leaders that live in palaces while it's people on the street go hungry, such a rich country that does almost nothing to help people. not even it's own people.
    Wahabbism is a strict (beyond strict) interpretation of Islam, and is pretty much the official government of Saudi Arabia. And rich doesn't even begin to explain how rich these people are. People go on and on about oppression under Saddam's regime - yes it existed - but the Saudi's make him look like a lightweight made out of kittens and buttercups.

    But, still, it didn't stop Bush from holding hands in the White House garden.

    And, after all, Chavez did say all those mean, nasty things about Bush - pwababwy hert his feewings.
  • RainDog
    RainDog Posts: 1,824
    Actually I hadn't heard of Wahhabism or Wahhabi Islam. But thanks to the internet I did a little research and learned something new. I would gladly stop buying my gas from Saudi Arabia or any other foreign country, but that isn't realistic.
    No, at the moment it isn't realistic; but if we're going to single out world leaders for grievious offences, Chavez isn't the one we should be focusing on. He's a blowhard enjoying his time on the world stage. The Saudis on the other hand......
  • Cosmo
    Cosmo Posts: 12,225
    MrBrian wrote:
    I dunno, but i'm sure it's gonna have quality issues.
    ---
    ...
    I wonder if their gasoline comes in the same flavors as their Slurpees.
    Allen Fieldhouse, home of the 2008 NCAA men's Basketball Champions! Go Jayhawks!
    Hail, Hail!!!
  • RainDog wrote:
    No, at the moment it isn't realistic; but if we're going to single out world leaders for grievious offences, Chavez isn't the one we should be focusing on. He's a blowhard enjoying his time on the world stage. The Saudis on the other hand......

    Venezuela's human rights and personal freedoms under Chavez, while not as bad as Saudi Arabia's under Wahhabism, are still deplorable. I'm still just pissed that the guy came here and took a shit on America.
  • MrBrian
    MrBrian Posts: 2,672
    Cosmo wrote:
    ...
    I wonder if their gasoline comes in the same flavors as their Slurpees.

    yeah, maybe they'll have "cherry" "blueberry" and "orange" in place of 87,89 and 93. Could be a good selling point, anything that has to do with food seems to draw americans.
  • Venezuela's human rights and personal freedoms under Chavez, while not as bad as Saudi Arabia's under Wahhabism, are still deplorable. I'm still just pissed that the guy came here and took a shit on America.

    Freedom of speech is sure a bitch when you don't agree with it.....however he was at the UN....not like he was preaching in Central Park.....however he's a slouch who needed some attention....
  • Freedom of speech is sure a bitch when you don't agree with it.....however he was at the UN....not like he was preaching in Central Park.....however he's a slouch who needed some attention....

    No he wasn't in Central Park but he was in Harlem spewing his BS.
  • kenny olav
    kenny olav Posts: 3,319
    Dammit!! 7-Eleven/Citgo is where I get my gas!
  • No he wasn't in Central Park but he was in Harlem spewing his BS.

    He was at an UN building...I guess anything said against the US should be refrained there....give me a break...can say whatever he wants regardless of what it comes out as....
  • Ahnimus
    Ahnimus Posts: 10,560
    Ridiculous!

    What does business have to do with politics?

    People would still buy the gasoline without knowing where it is coming from. Except now I'm not going to 7-11 any more because I know they are a political corporation.
    I necessarily have the passion for writing this, and you have the passion for condemning me; both of us are equally fools, equally the toys of destiny. Your nature is to do harm, mine is to love truth, and to make it public in spite of you. - Voltaire