7-Eleven dropping Citgo as gas supplier

[MdmeX]

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7-Eleven dropping Citgo as gas supplier
published: Thursday | September 28, 2006 <DIV class=KonaBody>



DALLAS, Texas (AP):

<SPAN class=kLink style="FONT-WEIGHT: 700; COLOR: orange! important; FONT-FAMILY: Arial, Helvetica, sans-serif; POSITION: relative">Convenience </SPAN><SPAN class=kLink style="FONT-WEIGHT: 700; COLOR: orange! important; FONT-FAMILY: Arial, Helvetica, sans-serif; POSITION: relative">store</SPAN> operator 7-Eleven Inc is dropping Venezuela-backed Citgo as its gasolene supplier at more than 2,100 locations and switching to its own brand of fuel.

The retailer said Wednesday it will purchase fuel from several distributors, including Tower <SPAN class=kLink style="FONT-WEIGHT: 400; COLOR: orange! important; FONT-FAMILY: Arial, Helvetica, sans-serif; POSITION: relative">Energy</SPAN> Group of Torrance, California, Sinclair Oil of Salt Lake City, and Houston-based Frontier <SPAN class=kLink style="FONT-WEIGHT: 400; COLOR: orange! important; FONT-FAMILY: Arial, Helvetica, sans-serif; POSITION: relative">Oil</SPAN> Corp.

A spokeswoman for Dallas-based 7-Eleven said its 20-year contract with Citgo <SPAN class=kLink style="FONT-WEIGHT: 400; COLOR: orange! important; FONT-FAMILY: Arial, Helvetica, sans-serif; POSITION: relative">Petroleum</SPAN> Corp ends next week.

About 2,100 of 7-Eleven's 5,300 U.S. stores sell gasolene.

Citgo is a Houston-based subsidiary of Venezuela's state-owned oil company, and the foreign parent became a public-relations issue for 7-Eleven because of comments by Venezuelan President Hugo Chavez.

'The devil'

Chavez has called President George W. Bush "the devil" and an alcoholic. The U.S. government has painted Chavez as a destabilising force in Latin America.

7-Eleven spokesman Margaret Chabris said that, "Regardless of po

[MdmeX]

RE: 7-Eleven dropping Citgo as gas supplier

7-11 should be a little wary of trying this. What if consumers decide to boycott their stores. I wish there was one near me, so I could show them the real "DEVIL"

[Mosiah]

RE: 7-Eleven dropping Citgo as gas supplier

The board of 7-11 is probably forgetting that many of their employees and their customers might not be so in love with what the US president is doing. The employees and customers of 7-11 probably don't look like the board of 7-11!