The Devil's Excrement





  Venezuela
For those that just want to know about the bizarre, wonderful country of Venezuela and its even more bizarre current Government
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4/3/2007; 10:21:28 PM

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Monday, October 02, 2006






On Sunday, the ad above appeared in daily Ultimas Noticias, as part of a full page ad of PDVSA News.

This is a complete translation of the ad:

CITGO ratified its announcement not to renew the contract with 7-eleven

At the beginning of the year, CITGO, a PDVSA affiliate decided not to renew its contract for supplying gasoline to the retail chain 7-eleven, which ended at the end of September. This decision was announced in July.

The contract with the referenced chain did not adapt itself to CITGO’s strategy of placing liking the sale of gasoline with the production of its refineries, after the sale of its stake in the Lyondell refinery located in Houston, United States of America.

CITGO, located in Houston, is a refining, transportation and marketing company of fuels. Lubricants, petrochemical products, refined waxes, asphalt and other industrial derivatives.

(Under the CITGO sign it says: “US Company 7-eleven denied participation in the boycott against CITGO)

Yes, it actually says that CITGO broke with 7-eleven, not the other way around.

Let’s look at the facts:

---On July 11th. CITGO announced that it would no longer provide gasoline to 1,800 gas stations, saying that it will cease supplying stations in 10 states and stop supplying some stations in 4 additional states. The reason is simple: CITGO could no longer produce sufficient gasoline to provide all 15,100 stations in its networks and was cutting these for geographical reasons. Curiously, this press release has now been removed form the CITGO “on line pressroom” (I have captured the image just in case it is manipulated again).

---Last week, 7-eleven announced that it would drop the CITGO gasoline name at 2,100 stations and switch them to its own branded fuel. But the two networks do not overlap: CITGO dropped in July the stations that were geographically related to the Lyondell refinery, a total of 1,800 stations, while 7-eleven is dropping 2,100. Moreover, the 1,800 dropped in July were NOT all part of the 7-eleven network. Moreover, CITGO was very clear in July that there would be no more cuts. In fact, the name 7-eleven was never mentioned in July. 7-eleven was part until last week 5,300 of the more than 13,000 CITGO gas stations. The additional 2,100 stations cut are the ones whose contract expired last week, you can be sure that next year, when the contract expires for the remaining 3,300 of the 7-eleven chain, they will also be dropped. This contradicts the earlier statement by CITGO that it plan no more cuts.

---On the boycott, the 7-eleven press release was quite political but clearly did not call for a boycott of CITGO, since it still has 3,300 stations under the CITGO brand which is (was?) a very good brand. The boycott is being proposed at a grassroots levell, it has its own blog, website and website and has a life of its own. And then there is the proposal to remove the CITGO sign in Kenmore Square, Boston, which was declared a landmark a few years ago. Clearly, 7-eleven could not join these movements, but it did say in its press release :

“Certainly Chavez's position and statements over the past year or so didn't tempt us to stay with Citgo"

Or:

"Regardless of politics, we sympathize with many Americans' concern over derogatory comments about our country and its leadership recently made by Venezuela's president,

What is clear is that while gas is fungible, CITGO’s rash decisions may cost it its whole network, where the CITGO brand is well established and it has a value that may have been thrown overboard with these decisions.

Thus, the solution is the ad above, try to hide the truth, the facts, distort reality and make Venezuelans believe that this was the Government’s plan all along. That 7-eleven did not make this decision but CITGO, PDVSA or the autocrat himself did it. these are all lies, simply lies. In the end it is Venezuela and Venezuelans that lose with this, just so that the stupid revolution can have its way. But what is worse is that they try to cover up, like they do everyday, their infinite inefficiency and immense incapacity.

Goebbels would have been very proud of them.

(Thanks XX for the CITGO inside info)


7:00:18 PM    comment []



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