September 01, 2005

I did not know that

Your local CITGO gas station is owned by Hugo Chavez.

Originally, CITGO started out as Cities Service Corporation in Indian Territory--the eastern half of what is now Oklahoma, before 1907. It's based in Houston, but owned by Caracas.

There are some things of ours I don't think our adversaries should be able to buy. I'm glad China was stopped from buying UNOCAL. So where was Clinton on the CITGO sale in the 1990's? Can we regain control of the rest of our energy supply?

--See Dubya

EDIT: Oops. Looks like that was Bush #1. That was well before Chavez came to power in 1998; he just got control of one of America's biggest oil companies in the process.

UPDATE: Hyscience says let's boycott Citgo. Seems pretty reasonable to me, although it may hurt a lot of businessmen in the process. Still, a widespread boycott could bring the share price down low enough that an American interest can buy it back.


By See-Dubya at September 1, 2005 07:44 PM | TrackBack l digg this
Sorry. Comments down.....AGAIN!!!!