http://venezuelanalysis.com/news/5965Subsidized Venezuelan Heating Oil
By Juan Reardon – Venezuelanalysis.com
Mérida, January 28th 2011 (Venezuelanalysis.com) – Yesterday Venezuela’s Petroluem Corporation, CITGO announced the start of its sixth year providing subsidized heating oil to low-income people in the United States. An estimated 132,000 households across the U.S. will benefit from the program this year, amounting to $60 million dollars worth of savings.
Joseph P. Kennedy II, son of the late U.S politician Robert Kennedy and president of Citizen Energy Corporation, the U.S.-based non-profit organization that partnered with Citgo in 2005 to launch the Citgo-Venezuela Heating Oil Program, spoke at the Citgo ceremony on Thursday.
“Every year, we hear from families who struggle each and every day to put food on the table and heat their homes,” he said.
“We are deeply grateful to CITGO and the people of Venezuela for their generosity to those who need help keeping their families warm. Every year, we ask major oil companies and oil-producing nations to help our senior citizens and the poor make it through winter, and only one company, CITGO, and one country, Venezuela, has responded to our appeals,” he said.
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