CITGO is NOT changing it's name to Petro Express.
CITGO is NOT owned by Chavez.
etc, etc, etc.......
FACT is, CITGO does not own a single service station in the US.....when you see the CITGO sign out front, it means that it is a "branded" station......in other words, the owner of the station has a contract with CITGO to supply the gasoline.....
FACT, CITGO, just like all oil companies, buys it's crude from more than one source....not just Venezuela.
FACT, CITGO employes around 5000 hard working americans. (No, I'm not one of them)
FACT......Citgo recently pulled out of a few markets, not because of any boycott, but because it was a move to increase profits and cut expenses!
Here's another clue for you.......buying gasoline from a company because you think it's either gives or withholds profit from certain companies or countries is silly......if you knew anything about how the oil business works, you would know that oil companies buy crude from many different sources and oil companies "exchange" products in different markets......so, the gasoline you buy at your local Texaco, Phillips 66, BP or CITGO station may be refined from Venezuelan, Nigerian, middle eastern or domestic crude in a Shell, Sunoco, Conoco refinery and there is no way you could know it's origin! Do you really think each oil company supplies it's own refined gasoline to every station that wears it's sign??? It doesn't work that way!
By the way.....if you actually could boycott Venezuelan oil and ban it from the US, PDVSA (CITGO parent company) could easily sell it's crude to China or India or somewhere else on the world market.....think about what would happen if you cut the US crude supply by 10%.......how does $5-$6/gallon sound???
Please don't pass along false rumors.......it's not that difficult to check them out BEFORE you pass them along!
Urban Legends Reference Pages: Citgo Boycott/Buycott