Recent Topics
Win 8.1 deleted everything from 2 upgrades.
by Koz1
51 seconds ago
Royal Blue car wax
by 007
1 minute 7 seconds ago
DTE 26 vs Mobil Gear 600 XP 68
by robdaniel
3 minutes 32 seconds ago
Save Big Money on Ultimate Durability
by thegeneral
17 minutes 58 seconds ago
When was the last time you went bowling?
by skyactiv
33 minutes 6 seconds ago
Customer waiting area
by Stelth
33 minutes 9 seconds ago
[Cut Open] Harley Davidson Super Premium 5 (63731-99A)
by DuckRyder
33 minutes 31 seconds ago
Evening in San Diego
by Stelth
39 minutes 25 seconds ago
Creamic/cf/titanium pocket knife
by JHZR2
52 minutes 52 seconds ago
youtube not showing videos, locked....
by daves66nova
Today at 09:37 AM
You can't fix stupid.
by Al
Today at 09:32 AM
odd color of fresh ground beef
by jorton
Today at 09:29 AM
Newest Members
macka, boyd, zlove007, HK45, CUCOTECH
52691 Registered Users
Who's Online
109 registered (007, b1amgm47, 04SE, AandPDan, AZjeff, 5 invisible), 1630 Guests and 147 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
52691 Members
66 Forums
225871 Topics
3594847 Posts

Max Online: 2862 @ 07/07/14 03:10 PM
Donate to BITOG
Topic Options
#3456485 - 08/15/14 03:06 PM Venezuela looking to sell off Citgo unit
Pajamarama Offline


Registered: 06/09/12
Posts: 457
Loc: Atlanta, GA
Not sure anyone will see this in this subforum, but I know there's been a lot of anti-Citgo sentiment expressed here on BITOG. If Venezuela offloads Citgo, it will be interesting to see who picks it up.

Story in NY Times
_________________________
09 Fit Sport 5MT - 94k miles - 5w20 PU - PL14610
05 Taurus Wagon 4AT - 101k miles - 5w25 Valv NG MaxLife - PL24651

Top
#3456493 - 08/15/14 03:16 PM Re: Venezuela looking to sell off Citgo unit [Re: Pajamarama]
Bluestream Offline


Registered: 09/13/03
Posts: 4250
Loc: Waterloo, ON
Originally Posted By: Pajamarama
Not sure anyone will see this in this subforum, but I know there's been a lot of anti-Citgo sentiment expressed here on BITOG. If Venezuela offloads Citgo, it will be interesting to see who picks it up.

Story in NY Times


Maybe Iran?
_________________________
2000 Cavalier 2.2 A4
2000 VW Beetle 1.8T M5
2000 Ford Explorer 4.0 4X4
1991 BMW 735iL
"A fool and his money are soon parted" - Thomas Tusser

Top
#3456507 - 08/15/14 03:33 PM Re: Venezuela looking to sell off Citgo unit [Re: Pajamarama]
wemay Offline


Registered: 04/04/12
Posts: 2851
Loc: S. Florida
Hopefully Shell, Mobil or Chevron
_________________________
14 Sonata 2.4 - EDGE 5w20 / Hyundai o.fltr / STP SA10881 a.fltr
13 Santa fe 2.0T - M1 10w30 / Hyundai o.fltr / K&N 33-2493 a.fltr

Top
#3456516 - 08/15/14 03:36 PM Re: Venezuela looking to sell off Citgo unit [Re: Pajamarama]
strat81 Offline


Registered: 01/09/10
Posts: 809
Loc: Nebraska
From the article:
Venezuela’s state-owned oil company PDVSA has a different motive. Mr. Maduro’s administration is running out of cash. That’s the result of anti-business policies — including price controls and nationalization — that have depressed local production and increased reliance on imports.



I am shocked by this news.
_________________________
Molon Labe

Top
#3456749 - 08/15/14 08:06 PM Re: Venezuela looking to sell off Citgo unit [Re: Pajamarama]
Vern_in_IL Offline


Registered: 06/25/14
Posts: 208
Loc: IL
I am not a fan of Citgo! I don't care about the politics, the owners, but I care about the product.

I find nothing special about Citgo products.

All the Citgo's around here only sell this:

K1
89 E10
87 E10 *with tri-clean
87 100% Gasoline ($.40 per gallon higher than E10)
Low Sulfur Diesel.
**BEFORE 2007 they sold "racing gas"
**E85 at some stations.

The local station was still using analog pumps just two years ago or so.
They upgraded the fuel islands when the TriClean came on market.

I really don't use their fuel.

Top
#3464440 - 08/25/14 12:49 PM Re: Venezuela looking to sell off Citgo unit [Re: Vern_in_IL]
typ901 Offline


Registered: 07/13/08
Posts: 748
Loc: N. 'Burbs of Chicago, IL
Originally Posted By: Vern_in_IL
I am not a fan of Citgo! I don't care about the politics, the owners, but I care about the product.

I find nothing special about Citgo products.

All the Citgo's around here only sell this:

K1
89 E10
87 E10 *with tri-clean
87 100% Gasoline ($.40 per gallon higher than E10)
Low Sulfur Diesel.
**BEFORE 2007 they sold "racing gas"
**E85 at some stations.

The local station was still using analog pumps just two years ago or so.
They upgraded the fuel islands when the TriClean came on market.

I really don't use their fuel.


Vern,

I'm guessing you are downstate? In N-Burbs of Chicago, one of the Citgo's still has racing gas , and has 87-89-93. Not certain about E85.

Oh and digital pumps for years.

Top
#3468349 - 08/29/14 12:20 PM Re: Venezuela looking to sell off Citgo unit [Re: Pajamarama]
Tempest Offline


Registered: 03/21/06
Posts: 10468
Loc: Las Vegas NV


Domestic oil production has plummeted since the nationalization occurred. Combine this with 60% inflation...and it looks like their centrally planned economy is in a tale spin....
_________________________
“Never underestimate the difficulty of changing false beliefs by facts.” --- Henry Rosovsky

Top