“If something happens with this election, which would be a horror show, we’ll meet the next time in Venezuela,
because it’ll be a far safer place to meet than our country.
So you and I will go and we’ll have a meeting and dinner in Venezuela,”
Trump told Musk, “because that’s what’s happening.”
____
From 2005 to 2016 Joe Kennedy II, through his nonprofit Citizens Energy Corporation, partnered with CITGO to assist tens of thousands of households in Massachusetts with free heating oil.
"The CITGO heating-oil program was launched after Hurricane Katrina damaged US refining capacity in 2005, causing energy costs to spike as winter approached.
Over the years CITGO donated more than 200 million gallons of heating oil worth more than $400 million to two million program participants in 25 states, including Massachusetts, Alaska, Connecticut, Delaware, and Indiana.
The program also provided heating fuel The program also provided heating fuel to members of more than 240 Native American communities and reached more than 200 homeless shelters.
Massachusetts was the program’s second largest beneficiary. In 2008 the CITGO and Citizens Energy Corporation program delivered approximately 8.5 million gallons of heating oil to more than 33,000 households and around 60 homeless shelters in Massachusetts. Local oil dealers delivered 100 gallons of fuel at no cost to eligible families throughout the state.
Headquartered in Houston, Texas, CITGO Petroleum Corporation is an American private company that is owned by the National Oil Company of Venezuela. Venezuela was the only country in the world that agreed to donate heating fuel to Joe Kennedy’s Citizens Energy Corporation.
“We are so grateful for this generous donation from the people of Venezuela and CITGO Petroleum Corporation,” Kennedy said. He added that he had approached major US oil companies and oil-producing nations to ask them to assist the poor in bearing the burden of rising energy costs. “They all said no,” said Kennedy, “except for CITGO, President Chavez and the people of Venezuela.” Kennedy added, “I have asked every single oil company, and not one of them has given me a gallon to help the poor.”
CITGO Petroleum Corporation is a recognized leader in the refining industry with a well-known brand. CITGO operates three refineries, located in Corpus Christi, Texas; Lake Charles, La.; and Lemont, Ill.
With approximately 3,400 employees and a combined crude capacity of approximately 769,000 barrels-per-day, CITGO is ranked as the fifth largest independent refiner in the United States.
CITGO transports and markets transportation fuels, lubricants, petrochemicals, and other industrial products and supplies a network of approximately 4,700 locally owned and operated branded retail outlets in 30 states and the District of Columbia.
It has a network of pipelines crisscrossing 23 states. It provides between 5% and 10% of US gasoline.
Venezuela has owned CITGO since the 1980s as part of PDVSA. In 1986 Venezuela bought a 50% stake in CITGO and purchased the remaining 50% in 1990.
In 2018 it had a net income of $851 million, on a revenue of nearly $30 billion. CITGO, Venezuela’s largest foreign asset, once contributed over $1 billion a year in dividends to its parent company PDVSA.
As of March 2020, CITGO Petroleum reported assets of about $9 billion.
https://masspeaceaction.org/trumps-looting-of-citgo-punishes-low-income-people-in-venezuela-and-us/
"Venezuela has donated $500,000 to US President Donald Trump's inauguration, newly released records show."
"Other major corporations named in the documents include Pepsi and Walmart, which gave $250,000 and $150,000 respectively, while owners of NFL teams or their companies gave more than $5m.
Casino owner and billionaire Sheldon Adelson also gave $5m."
"We have been experiencing four consecutive years of recession, we have the highest inflation in the world and are facing scarcity in many basic goods. It is scandalous that Venezuela, facing such a crisis, would make those donations to the inauguration of a US president, who at least in theory, is ideologically confronted with the revolution," Jose Manuel Puente, a professor of public policy at IESA university in Caracas, tells the BBC.
The payment was reportedly made through Citgo, a US subsidiary of Venezuelan state-owned oil company PDVSA."
https://www.bbc.com/news/world-us-canada-39648675
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