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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (2306)10/4/2006 5:41:00 PM
From: Ilaine  Read Replies (1) | Respond to of 10087
 
Hmmm, Citgo is saying that 7-11 didn't dump them, they dumped 7-11! In order to "balance sales with production." I would read that as they think they won't be selling as much in the US as they used to.

>>HOUSTON -- Earlier this year and after many months of deliberation, CITGO Petroleum Corporation decided to allow its gasoline-supply contract with 7-Eleven to expire at the end of Sept. 2006. This decision was announced last July.

The 7-Eleven contract did not fit within CITGO's strategy to balance sales with refinery production after the sale of its interest in a Houston area refinery.

"7-Eleven has been a valued customer for many years and we wish them the best," stated Alan Flagg, general manager marketing.
citgo.com