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Article: Citgo continues support of free heating oil plan Venezuelan firm says it never ended deal with Citizens Energy
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- January 8, 2009
- Author:
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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It turns out you'll be able to call Joe for free oil after all.
Venezuelan company Citgo Petroleum Corp. said yesterday it plans
to continue supporting a program run by Joseph P. Kennedy II that
provides free heating oil to 200,000 low-income households in 23
states, including Massachusetts - just two days after Kennedy said
Citgo was indefinitely suspending the program.
On Monday, Kennedy, the president of Citizens Energy Corp., said
Citgo had to suspend contributions because of plunging oil prices
and the widening recession, which hurt its revenue. As a result,
Kennedy warned, he might have to cut the program by one-fifth in
Massachusetts and shutter it completely in other states this year ...