September 27, 2006

7-Eleven renewel deal with Citgo a No-Go

7-Eleven Dropping Venezuela-Backed Citgo

Convenience store operator 7-Eleven Inc. is dropping Venezuela-backed Citgo as its gasoline supplier at more than 2,100 locations and switching to its own brand of fuel.

[...] 7-Eleven spokesman Margaret Chabris said that, "Regardless of politics, we sympathize with many Americans' concern over derogatory comments about our country and its leadership recently made by Venezuela's president Hugo Chavez."

Chabris said a boycott of Citgo gasoline would hurt the 4,000 employees of the U.S. subsidiary, who have no connection to Venezuela.

Kudos to 7-Eleven for taking such a responsible move and yes, it is most unfortunate that 4,000 Citgo employees may potentially suffer from the fallout, but...

Posted by Kyer at September 27, 2006 01:07 PM | TrackBack