Susan Murphy-Milano...

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2006/9/28

Way To Go Citgo Drops Supplier Because of Chavez Remarks

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@ 06:27 AM (24 months, 25 days ago)
In Houston Texas 7-Eleven Inc. has made a bold move in droping Venezuelan-controlled Citgo Petroleum Corp. as its gasoline supplier, the convenience store operator said today, a week after Venezuelan President Hugo Chavez called President Bush "the devil."

7-Eleven said in a statement it was switching to its own branded gasoline at more than 2,100 company-owned and franchised U.S. stores. Citgo has been 7-Eleven's gasoline supplier for 20 years.

A Citgo spokesman was not immediately available to comment on the 7-Eleven decision.

According to Rueters News--Dallas-based 7-Eleven expressed sympathy for anger at Chavez due to comments made in a United Nations General Assembly speech last week.

"Regardless of politics, we sympathize with many Americans' concerns over derogatory comments about our country and its leadership recently made by Venezuela's President Hugo Chavez," 7-Eleven said in a statement.

But 7-Eleven warned against boycotts of Citgo because of its employment of 4,000 people in the United States and its role as a supplier of motor fuels to 14,000 gasoline stations.

"Americans with no substantive connection to Venezuela would be economically harmed by boycotts," 7-Eleven said.

Because of the on-going war of words between Chavez and the Bush administration, Citgo has been the subject of at least one boycott.

The conservative U.S. religious group American Family Association launched a boycott of Citgo in February.

 
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