7-Eleven Drops Citgo As Gasoline Supplier

Wednesday, September 27th 2006, 12:53 pm
By: News On 6

DALLAS (AP) -- 7-Eleven is dropping Venezuela-backed Citgo as its gasoline supplier at more than 2,100 locations and switching to its own brand of fuel.

Citgo was based in Tulsa until 2004 when it moved its headquarters and about 700 jobs to Houston. Citgo announced earlier this year it plans to move another 350 jobs to Houston by next year.

7-Eleven says it'll buy fuel from several distributors -- all of which are based in the US .

Citgo is a subsidiary of Venezuela's state-owned oil company. The company became a public-relations issue for 7-Eleven because of comments by Venezuelan President Hugo Chavez in which Chavez called President Bush the devil and an alcoholic.