Venezuela’s CITGO Contributes to Social Programs...

[AP]

...Thanks to Record Profits in 2003

This, alone, is probably a good reason to hope the opposition doesn't take back control of Venezuela. This is what happens when people who aren't fascists control governments:

http://www.venezuelanalysis.com/news.php?newsno=1225

Friday, Mar 12, 2004
By: Venezuelanalysis.com

Caracas, March 12, 2004 (Venezuelanalysis.com).- Citgo Petroleum Corporation obtained substantial profits for the first two months of this year compared with January and February of 2003, according to President and CEO Luis Marin. According to Marin, that this is the first that the company obtains profits during the first two months of a year.

...

Involving workers in decision-making process and struggling to make corporate inner operations more efficient are some of the changes introduced by Marin since taking over the presidency of Citgo last year.
...

One of Citgo’s goals is to get closer to Venezuelan society. In this sense, Citgo has implemented a “buy Venezuelan” program though which more than $18 million have been spent in last 6 months buying Venezuelan products and services. Citgo is also investing in a project with 46 micro-entrepreneurs (small businesspersons) from Caracas, in collaboration with the Venezuelan government’s social programs for the promotion of small businesses.

...

Citgo dropped its multi-million dollars publicity campaign in the NASCAR race car series, and is now sponsoring Venezuelan driver Milka Duno, the first woman to win a major sports-car race in the United States.

...

“In addition to our outstanding performance in 2003,” continued Marín, “we also completed several major capital projects, including the first of two new gasoline hydrotreater units at the Lake Charles refinery and a new ISAL (Isomerization Alkylation) unit at the Lemont refinery.  The ISAL technology, developed by INTEVEP, the research and development branch of Petroleos de Venezuela (PDVSA), is designed to remove sulfur from gasoline.  Both of these projects will help us make the environmentally friendly gasoline that helps to improve air quality in our marketing areas,” Marín concluded. 

[buycitgo]

1. notice my name?

[AP]

3. You should put the logo in your sig line...

[Jim Sagle]

4. I always thought it was a gag - a hip, post-modern slam at consumerism.

Shows how far wrong I can go when I get pretentious.

[terisel]

2. Very informative-thanks n/t

[AP]

5. kick

[Aidoneus]

6. that's very dasterdly of them..

Atrocities like this must not go without vicious reprisial.. now I see why the rich neighborhoods are protesting the government.

[Mika]

7. The Citgo stations in Miami-Dade (Fla) were sponsoring the recall

The Citgo stations in Miami-Dade manned primarily by anti Chavez Venezuelan "exiles" had recall petitions at the stations.

I want to buy Citgo, but I don't want to support the cretin "exiles" in Miami (where I live).