Subdude Posted March 5, 2005 Share Posted March 5, 2005 Citgo's Status Is Giving Houston the JittersBy SIMON ROMERO Published: March 5, 2005HOUSTON, March 4 - Few places are as jittery as this city when it comes to the future of Citgo Petroleum, the oil refining giant owned by the government of Venezuela and based here. Popular sentiment in Venezuela is critical of Citgo's rich links to the United States, and the administration of Hugo Ch Quote Link to comment Share on other sites More sharing options...
jmancuso Posted March 6, 2005 Share Posted March 6, 2005 i had no idea that citgo was owned by venezuala... Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted March 7, 2005 Share Posted March 7, 2005 i had no idea that citgo was owned by venezuala...<{POST_SNAPBACK}>Yep. It's owned by the Venezuelan government. Much like Petrobras in Brazil and Pemex in Mexico. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted March 7, 2005 Share Posted March 7, 2005 Being in the biz myself, I would not exactly say Houston has the jitters.And the fact of the matter is Venezuela still wants the money. Don't let Ch Quote Link to comment Share on other sites More sharing options...
N Judah Posted March 7, 2005 Share Posted March 7, 2005 Gas is only 35 cents a gallon in Venezuela, isn't that crazy? The government actually subsidizes it instead of taxes it. I wonder what their development patterns are like - I've never been there myself. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted March 7, 2005 Share Posted March 7, 2005 Well, Ch Quote Link to comment Share on other sites More sharing options...
bruce_oneal Posted March 19, 2005 Share Posted March 19, 2005 Gas is only 35 cents a gallon in Venezuela, isn't that crazy? The government actually subsidizes it instead of taxes it. I wonder what their development patterns are like - I've never been there myself.<{POST_SNAPBACK}>have you ever noticed that on average, citgo gasoline appears to frequently be many cents cheaper than other brands? Quote Link to comment Share on other sites More sharing options...
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