Wednesday, November 29, 2017

normal as normal gets what it paid for


Donald Trump inauguration

According to filings with the U.S. Federal Election Commission, Citgo donated US$500,000 towards Donald Trump's presidential inauguration

https://en.wikipedia.org/wiki/Citgo

"http://thehill.com/policy/energy-environment/348007-trump-exempts-citgo-from-venezuela-sanctions


 
Trump exempts Citgo from Venezuela sanctions
© Getty


President Trump is exempting Citgo Petroleum Corp., owned by Venezuela’s government, from the financial sanctions imposed Friday on the country.

The latest set of sanctions is meant to punish the government of President Nicolás Maduro as it moves to rewrite the country’s constitution and consolidate his power. To that end, the sanctions seek to exclude the Venezuelan government from the United States’ economy, including its markets and capital, and to make sure the U.S. does not assist the Maduro government.

But Citgo, an oil refiner, retailer and transporter based in the United States and owned by the government’s Petróleos de Venezuela, will get to operate largely as normal.

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“Oil refineries along the U.S. Gulf Coast that process the heavier grades of Venezuelan crude represent a significant portion, nearly 10 percent, of U.S. imports,” wrote Sens. Bill Cassidy (La.), John Cornyn (Texas), Thad Cochran (Miss.) and Roger Wicker (Miss.).



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