Chevron? Shouldn't that be "Citgo" instead?
I wondered about Chevron because I thought it was Citgo too but I never checked. Now I did check — Chevron is under Chavez thumb in Venezuela:
MAY 15, 2006
You’re Working For Chávez Now
The Venezuelan president is squeezing global players, but few are squealing
What’s it like to do business in the global capital of oil nationalism? Most international oil executives in Caracas don’t want to speak on the record about the tricky game of dealing with Venezuelan President Hugo Chávez. But one executive confides that this has been a brutal year. The low point came on Mar. 31 when he was required to attend a ceremony at the Miraflores presidential palace, where Chávez took pleasure in bringing representatives of the world’s oil elite — companies such as Chevron (CVX ), Royal YPF Dutch Shell (RDSA ), BP (BP ), and Repsol (REP ) — to heel. The occasion: the signing of documents that gave the state control over much of Big Oil’s existing production in Venezuela. “It left a bad taste in my mouth,” says the executive, adding that his child caught sight of him on TV and remarked to a friend: “My dad is angry. I’d better not go home.”
http://www.businessweek.com/magazine/content/06_20/b3984012.htm