Guest Andrea Posted September 27, 2006 Report Share Posted September 27, 2006 Just heard this on the news: 7-ELEVEN FIRES BACK AT VENEZUELA'S CHAVEZ, DROPS CITGO AS GAS SUPPLIER TO STORES.....................................Fox News. I think that's great. Quote Link to comment Share on other sites More sharing options...
BrotherBadger Posted September 27, 2006 Report Share Posted September 27, 2006 Re: 7-11 vs. Chavez Awesome. Quote Link to comment Share on other sites More sharing options...
OJR Posted September 27, 2006 Report Share Posted September 27, 2006 Re: 7-11 vs. Chavez That is good news!! I wish more companies would do something like that!!! Quote Link to comment Share on other sites More sharing options...
Texan_Til_I_Die Posted September 27, 2006 Report Share Posted September 27, 2006 Re: 7-11 vs. Chavez I realize that in the big scheme of things, it probably won't make any difference, but I do appreciate the gesture. Way to go 7-11!!!!! Quote Link to comment Share on other sites More sharing options...
popgun Posted September 27, 2006 Report Share Posted September 27, 2006 Re: 7-11 vs. Chavez 7-Eleven seems to be just trying to save themselves from some public relations embarrassment. If you will remember, Citgo announced on July 13th “Venezuela-owned Citgo Petroleum Corp. decided to stop distributing gasoline to 1,800 independently owned U.S. stations. Citgo, which is wholly owned by Venezuela's state oil company, currently has to purchase 130,000 barrels a day from third parties in order to meet its service contracts at 13,100 Citgo-branded stations across the U.S. This is less profitable than selling gasoline directly from its refineries. Instead, the Houston-based company has decided to sell to retailers only the 750,000 barrels a day that it produces at three U.S. refineries. As a result, the Citgo brand will disappear entirely from 10 states, by March 2007, when the change goes into effect.” ****************************************************************************** Now it is two months later, and 7-Eleven is making this announcement as though they have decided to pull away from Citgo for political reasons. It sort of reminds me of someone who gets fired from the company they worked for, but tells everyone that they quit, in an attempt to save themselves from a little embarrassment. Did you know that Chevron, Exxon Mobil, and others have $17 billion tied up in the Orinoco Belt operations, in Venezuela? So what do you think of Chevron and Exxon Mobil? I tried to explain a few days ago, that no matter what brand of gasoline you decide to purchase, Citgo is getting a cut, because of their ownership shares of the pipelines, and refineries. Apu Nahasapeemapetilon, from the Simpsons TV Show, is not the only proprietor of a Kwik-e-Mart. A few 7-Eleven stores are even owned by Americans. ….popgun Quote Link to comment Share on other sites More sharing options...
wtnhunt Posted September 28, 2006 Report Share Posted September 28, 2006 Re: 7-11 vs. Chavez Heard about this on the news yesterday and more on the story this morning. Too bad it probably wont hurt chavez. Quote Link to comment Share on other sites More sharing options...
jdickey Posted September 28, 2006 Report Share Posted September 28, 2006 Re: 7-11 vs. Chavez 7-11 decided to "private brand" their gas, but didn't say who their supplier will be! The "DEVIL" made them do it! Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted October 2, 2006 Report Share Posted October 2, 2006 Re: 7-11 vs. Chavez don't forget conaco, also. much of their profits go into anti gun legislation. and, oh thank heaven for 7-11. remember that old motto of theirs? i finally agree. Quote Link to comment Share on other sites More sharing options...
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