7-11 Dropping Citgo Gas

[Guest chevydeerhunter]

7-Eleven to End Relationship with Venezuela-Backed Citgo

 

Wednesday, September 27, 2006

 

Associated Press

 

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.

 

A spokeswoman for Dallas-based 7-Eleven said its 20-year contract with Citgo Petroleum Corp. ends next week. About 2,100 of 7-Eleven's 5,300 U.S. stores sell gasoline.

 

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.

 

7-Eleven spokesman Margaret Chabris said that, "Regardless of politics, we sympathize with many Americans' concern over derogatory comments about our country and its leadership recently made by Venezuela's president Hugo Chavez."

 

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.

[mmmikkke]

So they're going to create their *own* brand of fuel, eh? Sounds like a smokescreen to me. The more things change, the more they stay the same.

[gave20]

7-Eleven to End Relationship with Venezuela-Backed Citgo

 

Wednesday, September 27, 2006

 

7-Eleven spokesman Margaret Chabris said that, "Regardless of politics, we sympathize with many Americans' concern over derogatory comments about our country and its leadership recently made by Venezuela's president Hugo Chavez."

 

 

<{POST_SNAPBACK}>

 

 

 

What about when the rest of the OPEC nations make derogatory comments towards the US? Will they boycott their countries as well? Sounds like 7-11 is trying to increase sales by playing on gulible american's emotions.

[Guest chevydeerhunter]

Good point. It would be hypocritical if they didn't.

[General Lee 01]

7-11 already has it's own brand, it's called "watered down Citgo".

 

 

Do I read wrong or is Venezuala a state, and not a Country?

[Tucson_02Silverado]

cola, cherry, blueberry, and now 91 Octane Slurpee's

[Wingnut]

7-11 already has it's own brand, it's called "watered down Citgo".

 

 

Do I read wrong or is Venezuala a state, and not a Country?

 

<{POST_SNAPBACK}>

 

 

 

Been there...Drank their beer....It's a country.

 

And on the subject...7-11 does all manner of wonky things. The same guy (his name escapes me at the moment) owns all the 7-11's in Oklahoma. One day he got mad at Coke, and had every store in the state move their products to the bottom shelf.

 

Not that that cute little story really has any bearing on gas...

[95Sierra2500]

7-11 already has it's own brand, it's called "watered down Citgo".

 

 

Do I read wrong or is Venezuala a state, and not a Country?

 

<{POST_SNAPBACK}>

 

 

 

TECHNICALLY every nation is officially a State. The only reason the US is 50 of them is because we are a Union of States, or states that have banded together as one for a common good.

 

For example, France, Russia, and Great Britain are all States...but because of the United States and our misunderstanding of terms, everybody kinda silently agreed to call their nations 'countries' or 'nations.'