Thursday, December 8, 2005

New York Gets Venezuela Cheap Oil

An oil company controlled by the Venezuelan government has made its first delivery of cut-price heating oil to the Bronx borough of New York City.

The firm, Citgo, is supplying fuel to thousands of people in deprived areas in co-operation with charities.

Under the deal, Citgo said it would provide heating oil at a 40% discount to fill in tanks at properties owned by three non-profit housing corporations in the Bronx.

About 8,000 tenants from 75 buildings will benefit from the project, according to the company and the corporations.

This is a important story in my eyes. But of all the US news I read and watched yesterday I never saw this mentioned once. I should follow my own advice better. The advice about reading international news to get all sides of US news stories. And sometimes you get info the US hasn't acknowledged or printed.

[MORE »]

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