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Keyword: citgo

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  • U.S. Judge May Have Just Given Freedom to Venezuela

    08/13/2018 1:36:11 AM PDT · by Enterprise · 27 replies ^ | AUGUST 10, 2018 | JOEL FREWA
    Once the inevitable collapse of Citgo happens, the ruling drug cartel in Venezuela will inevitably enter it’s final phase. Today, Venezuela is unable to refine oil into gasoline, so in turn it is purchased from Citgo and all but given away for domestic consumption. This has given rise to a vast network of gasoline smuggling, often by the military itself, which steals the gasoline in transit then sells it in other nations for a huge profit while remaining well under the market price. Gasoline is so cheap in Venezuela, one can purchase around 875,000 gallons of 87 octane for $1....
  • U.S. judge authorizes seizure of Venezuela’s Citgo

    08/10/2018 2:13:31 PM PDT · by Hugin · 33 replies
    MarketWatch ^ | Aug 10, 2018
    A U.S. federal judge authorized the seizure of Citgo Petroleum Corp. to satisfy a Venezuelan government debt, a ruling that could set off a scramble among Venezuela’s many unpaid creditors to wrest control of its only obviously seizable U.S. asset.
  • 5 US 'hostages' still held by Venezuela

    05/26/2018 1:07:03 PM PDT · by deplorableindc · 6 replies
    Washington Examiner ^ | May 26, 2018
    Five former Citgo executives who are U.S. citizens remain detained in Venezuela following the surprise Saturday release of former Mormon missionary Joshua Holt. Two sources aware of efforts to free the men tell the Washington Examiner they have not been released after more than six months in captivity. A source said one detainee suffers from health issues and has lost 50 pounds in dungeon-like conditions. They said recent family requests for intervention from Citgo went unanswered.
  • What's up with Dick Durbin's and Pete Sessions's secret junket to Venezuela?

    04/06/2018 11:52:32 AM PDT · by detective · 34 replies
    American Thinker ^ | April 6, 2018 | Monica Showalter
    Claiming he was just trying to free Josh Holt, a devout young Mormon from Utah held hostage by Venezuela's Maduro regime on phony charges, left-wing Illinois Democratic senator Dick Durbin isn't exactly credible about his real mission in his secret visit to Caracas this past week. Rep. Pete Sessions, a Dallas-based Republican, isn't exactly believable, either, given that he called his secret trip with Durbin "a peace mission" to Caracas last week.
  • White House: Former Citgo executives are 'hostages' in Venezuela

    03/19/2018 2:51:27 PM PDT · by deplorableindc · 21 replies
    Washington Examiner ^ | March 19, 2018
    A senior Trump administration official said Monday that former Citgo executives detained for four months in Venezuela are being used as “hostages” and “bargaining chips” by President Nicolas Maduro’s government. Venezuelan authorities detained six Citgo executives in November, after the Trump administration imposed sanctions limiting the flow of corporate cash from the Houston-based company to Venezuela. At least four of the detained executives are naturalized U.S. citizens. The ousted executives quickly faded from headlines last year as family members decided not to seek press coverage, but their case and the current situation at Citgo have been probed quietly by a...
  • Russia could soon control a U.S. oil company

    04/11/2017 4:16:39 AM PDT · by blueplum · 21 replies
    WTVR Tv ^ | 11 April 2017 12:06am | CNN Wire
    NEW YORK — Russia is on the verge of taking control of a US oil company. In a crazy twist of international events, Russia’s state-owned oil company Rosneft might end up owning Citgo, a US energy company based in Houston, Texas. [snip] If PDVSA can’t pay its bills on time, Rosneft will almost certainly get control of Citgo. All Rosneft would need to do is buy a few more of PDVSA’s bonds to get over the 50% ownership threshold. “The Russians have a lot to gain through the PDVSA-Rosneft-Citgo asset transfer to the detriment of US interests,” wrote Republican Congressman...
  • Senators Warn Mnuchin of National Security Implications of Russia CITGO Takeover

    04/11/2017 11:46:55 AM PDT · by RightGeek · 16 replies
    PJ Media ^ | 4/11/2017 | Bridget Johnson
    Senators are alarmed about the national security implications of Russia acquiring a significant ownership share in an oil company whose terminals span 20 states across the nation. In a letter to Treasury Secretary Steve Mnuchin, who is chairman of the inter-agency Committee on Foreign Investment in the United States, Sens. Bob Menendez (D-N.J.), Marco Rubio (R-Fla.), John Cornyn (R-Texas), Dick Durbin (D-Ill.), Bill Cassidy (R-La.) and Ted Cruz (R-Texas) say he needs to be prepared to protect U.S. energy infrastructure should Rosneft carry through with seizing control of CITGO Petroleum Corporation’s Venezuelan parent company, state-owned Petroleos de Venezuela S.A. Oil...
  • "Countless Wounded" After 5,000 Loot Supermarket Looking For Food [Venezuela]

    05/16/2016 2:17:07 PM PDT · by Lorianne · 36 replies
    Zero Hedge ^ | 15 May 2016 | Tyler Durden
    As pure desperation has set in, crime has becomes inevitable. A man accused of mugging people in the streets of Caracas was surrounded by a mob of onlookers, beaten and set on fire, who published a pixeled-out but still graphic video of the man burning as mob justice is now the supreme arbiter of who lives and who dies: "Roberto Fuentes Bernal, 42, was reportedly caught trying to mug passersby in the Venezuelan capital and before police arrived at the scene, the crowd took the law into their own hands." The video can be seen here. Now, in the latest...
  • Lawmaker With Past Ties to Chávez tops U.S. Funeral Delegation

    03/08/2013 9:51:31 AM PST · by Olog-hai · 12 replies
    Newsmax ^ | Friday, 08 Mar 2013 09:01 AM | Sandy Fitzgerald
    Rep. Greg Meeks will head up a U.S. delegation attending the funeral Friday of Venezuelan President Hugo Chávez, a decision by President Barack Obama that is drawing attention because of the congressman’s previous ties to Chávez. … Former Massachusetts Democratic Rep. Bill Delahunt is also part of the U.S. funeral delegation. Like Meeks, Delahunt drew criticism in 2005 for meeting the Venezuelan dictator to discuss a deal for discounted heating oil to help low-income residents of Massachusetts. …
  • Citgo flies American flag at half-staff in Houston to mourn the death of Hugo Chavez

    03/06/2013 1:38:23 PM PST · by pacificpundit · 22 replies
    Fire Andrea Mitchell ^ | 3/6/13 | FAM Blog
    If there's one thing that's good in California, it's that there are no or very few Citgo gas stations out here. Citgo is the Venezuelan-owned oil company who decided to fly the American flag at half-staff in Houston, Texas to mourning the death of Hugo Chavez. Yes, our flag is being flown at half-staff to mourn the loss of a socialist dictator.
  • U.S. Rep. William Delahunt shells out $500G from coffers (the next Dem to retire?)

    02/27/2010 4:10:55 AM PST · by Palmetto Patriot · 21 replies · 668+ views
    Boston Herald ^ | 2/26/2010 | Jessica Van Sack
    U.S. Rep. William Delahunt blew nearly $560,000 in campaign cash last year - much of it on lavish meals and a family-friendly payroll that includes his ex-wife, son-in-law and daughter - stoking speculation the Quincy Democrat is emptying his war chest and won’t seek re-election. -snip- Delahunt told the Herald last week that he was still weighing whether to seek re-election, but Democratic Party sources have privately indicated his departure is anticipated - and expected to draw a host of candidates-in-waiting out of the woodwork.
  • Cuba's Doctor Abuse

    02/25/2010 4:34:34 PM PST · by Kaslin · 15 replies · 347+ views ^ | February 25, 2010 | INVESTORS BUSINESS DAILY Staff
    Health Care: Remember Cuba's vaunted medical missionaries — those who treated the poor abroad for nothing, supposedly out of selfless motives? A lawsuit shows they were nothing but a communist slave racket. It ought to bear a few lessons for our own country as the role of doctors in the health care debate drags on. Back in 1963, Cuban dictator Fidel Castro launched a much-praised initiative to share Cuba's medical doctors with the poor around the world. The idea, of course, was to appear to be acting on higher motives than the profit-driven doctors in free societies. It was small...
  • CITGO Prepares To Re-tool Its Image . . . Again

    02/06/2010 9:30:37 AM PST · by jay1949 · 11 replies · 399+ views
    Annuit Coeptis ^ | February 6, 2010 | Jay Henderson
    Venezuela-owned CITGO is preparing yet another effort to polish a corporate image seriously tarnished by its association with anti-American dictator Hugo Chavez. A major polling organization is surveying consumer attitudes and measuring the impact of CITGO’s ongoing campaigns which are coming up short as many Americans vote with their tires and buy gas elsewhere.
  • Bertha's Bolsheviks (ACORN)

    09/30/2009 7:39:07 AM PDT · by greyfoxx39 · 3 replies · 428+ views
    American Spectator ^ | September 30, 2009 | Matthew Vadum
    Why is ACORN's chief organizer friendly with the Marxist anti-American governments of two South American countries? Within ACORN CEO Bertha Lewis's storied rogues gallery of a rolodex may be found contact information for then-Bolivian ambassador Gustavo Guzman and for Sabine Kienzl, a professional propagandist employed by the Venezuelan embassy. The listing for Guzman contains what appears to have been a direct office telephone number.An ACORN insider I spoke with confirmed the authenticity of the rolodex which I have seen. Erick Erickson of the website RedState recently did an excellent job unveiling the rolodex.Both Bolivia and Venezuela are now headed...

    09/20/2009 7:25:46 PM PDT · by Cindy · 366+ views - INTERNATIONAL NEWS ^ | September 21, 2009 | By Toby Westerman
    SNIPPET: "Most importantly, Chavez has friends - powerful friends -- around the world who are assisting him in his goal of establishing communism as the dominant force in the world. Both Russia and China are assisting Chavez in spreading the message that the United States is "the most savage, cruel, and murderous empire that has existed in the history of the world," and Chavez's solution: 21st Century Socialism." SNIPPET: "The Moscow elite are not only supporting Chavez the dictator with weapons, but also Chavez the Marxist revolutionary with a high profile platform for his revolutionary rhetoric. In early September 2009...
  • Joe Kennedy says he won’t run for senate (YES!!!)

    09/07/2009 12:04:48 PM PDT · by GOPsterinMA · 154 replies · 8,174+ views
    The Boston Herald ^ | Monday, September 7, 2009 | Jessica Van Sack
    Joseph P. Kennedy II said today he will not make a bid for the senate seat held by his late uncle Edward M. Kennedy, in a bombshell announcement expected to draw candidates-in-waiting out from the wings. “Given all that my uncle accomplished, it was only natural to consider getting back involved in public office, and I appreciate all the calls of support and friendship that have poured in,” Kennedy said in a statement posted on the web site of Citizens Energy, of which he is the founder. “My father called politics an honorable profession, and I have profound respect for...
  • Joe Kennedy’s oil ties provide mud for his GOP foes

    09/03/2009 12:37:17 AM PDT · by raccoonradio · 7 replies · 994+ views
    Boston Herald ^ | 09/03/09 | Jay Fitzgerald
    Joe Kennedy’s business ties to Venezuelan strongman Hugo Chavez, through Citizens Energy Corp., will likely become a major issue if the former congressman decides to run for the Senate seat held until last week by his late uncle. Joe Kennedy yesterday hadn’t even made a decision on a run when he came under blistering attack by Republican gubernatorial candidate Christy Mihos and a Mihos spokesman. “It should be an issue,” said Mihos of the nonprofit Citizens Energy’s acceptance of oil from Venezuela to help needy residents heat their homes. Mihos described Chavez as a “communist dictator and avowed enemy of...
  • Chavez Friend and Communist Lover Joe Kennedy May Seek Uncle's Senate Seat

    08/28/2009 3:43:58 PM PDT · by vadum · 23 replies · 797+ views
    American Spectator ^ | August 28, 2009 | Matthew Vadum
    Political pundits say former Rep. Joe Kennedy II (D-Massachusetts) may be in the running to be successor in the U.S. Senate to his leftist uncle Sen. Edward Kennedy (D-Massachusetts) who died earlier this week.Kennedy is a friend and ally of Hugo Chavez, who as Venezuela's head of state controls Petroleos de Venezuela SA which in turn controls the U.S.-chartered CITGO.Just like Uncle Ted, Joe Kennedy is a communist enabler too.At the direction of Chavez, CITGO provides low-cost fuel to Kennedy's nonprofit, Citizens Energy Corporation, which he created in 1979 to provide discounted home heating oil to low-income people in Massachusetts. The CITGO effort is part...
  • In Climate Controversy, Industry Cedes Ground

    01/23/2007 10:19:12 AM PST · by Tolerance Sucks Rocks · 28 replies · 1,119+ views
    Wall Street Journal ^ | January 23, 2007 | Jeffrey Ball
    The global-warming debate is shifting from science to economics. For years, the fight over the Earth's rising temperature has been mostly over what's causing it: fossil-fuel emissions or natural factors beyond man's control. Now, some of the country's biggest industrial companies are acknowledging that fossil fuels are a major culprit whose emissions should be cut significantly over time. A growing number of these companies are pushing for a mandatory emissions limit, or "cap." Some see a lucrative new market in clean-energy technologies. Many figure a regulation is politically inevitable and they want to be in the room when it's negotiated,...
  • Chavez and CITGO Plunder Venezuela's Oil Service Sector

    05/11/2009 6:32:04 AM PDT · by vadum · 11 replies · 410+ views
    American Spectator ^ | May 11, 2009 | Matthew Vadum
    Venezuela's socialist strongman Hugo Chavez ordered the expropriation of some 60 oil service companies and assisted government-owned oil company PDVSA (parent of CITGO) in looting those firms unfortunate enough to have invested in the workers' paradise. "To God what is God's, and to Caesar what is Caesar's," said the Venezuelan president as he stole at least a dozen oil rigs, more than 30 oil terminals, and more than 300 boats. "Today we also say: to the people what is the people's," said Chavez, who is a hero to his American friends and admirers including actors Sean Penn, Danny Glover, Kevin Spacey, Ed Asner, singer Harry Belafonte, and...