Tuesday, January 19, 2010

Hotbed Of Latin Terrorism Helping To Heat Homes In US, Again

Venezuela's Citgo Renews Cheap Heating Oil Program in United States

"Citgo, the U.S. subsidiary of state-owned Petroleos de Venezuela SA, renewed a program under which it has provided cheap heating oil to hundreds of thousands of U.S. low-income households since 2005.Citgo CEO Alejandro Granado, whose company carries out the initiative in partnership with U.S. non-governmental organization Citizens Energy Corporation, told Efe Friday the goal this year is to benefit 200,000 families, the same number as last year."

"Oil-rich Venezuela launched the initiative in 2005 when the price of fuel rose in the wake of Hurricane Katrina and several U.S. senators called on oil companies to help low-income families adversely affected by the higher cost of heating oil.Between 2005 and 2007, the number of families that benefited from the program in 23 states grew from 100,000 to 224,000, according to figures from the Venezuelan Embassy in Washington."

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