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...left-wing Chávez caught Washington by surprise in the fall of 2005 when he announced that Citgo - the Houston-based subsidiary of Venezuela's state-run oil firm, Petróleos de Venezuela - would give millions of gallons of heating oil at half price, and eventually free, to struggling households in the American Northeast and Midwest. By this year, the service has expanded to more than 200,000 families in 23 states. The partisan controversy around it has also grown. Republicans grouse that taking fuel from Chávez, America's chief antagonist in the hemisphere, is unpatriotic...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...responding to members of Congress who had made a public plea for oil companies to provide lower-cost home-heating oil to U.S. families squeezed by the rising price of fuel. No U.S.-owned firm stepped forward; Citgo did. (Sunoco has since set up a program that provides free heating oil to 1,100 residents in the Philadelphia area.) Admittedly, it was a chance for Chávez to showcase "one of our revolution's most important principles," as then Venezuelan Ambassador to the U.S. Bernardo Alvarez told TIME in 2006: "the redistribution of oil revenues, especially for the poor...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...game, a 14-inning thriller, excited me so much that I was convinced sluggers Mo Vaughn and John Valentin had enough magic to win every night. As for Fenway Park itself, what I remember is not even part of the ballpark, but rather the regularly contracting triangle of the CITGO sign that hovered above the green wall only half a mile away...

Author: By Robert T. Hamlin | Title: Keeping the (Fenway) Faith | 7/20/2007 | See Source »

...million Gallons of discount heating oil delivered to low-income U.S. households this winter by Citgo, a subsidiary of a Venezuelan state-owned oil company, scoring President Hugo Chavez political points...

Author: /time Magazine | Title: Numbers: Apr. 2, 2007 | 3/22/2007 | See Source »

Sources: Boston Globe; BBC (2); Pew Hispanic Center; Financial Times (2); New York Times; Citgo...

Author: /time Magazine | Title: Numbers: Apr. 2, 2007 | 3/22/2007 | See Source »

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