The Car and Truck Fleet and Leasing Management Magazine

Citgo to Halt Selling Gasoline to U.S. Stations in 10 States

July 14, 2006

CARACAS, Venezuela --- Venezuela-owned Citgo Petroleum Corp. plans to halt gasoline distribution to about 1,800 U.S. stations, forcing station owners to secure other suppliers. The move isn't expected to have a major impact on the U.S.'s overall fuel supply, according to a report from Yahoo News. Citgo is wholly owned by Venezuela's state oil company. The company currently must buy 130,000 barrels a day from third parties to meet its service contracts at 13,100 stations across the U.S. This makes the enterprise less profitable than selling gasoline directly from Citgo refineries. So instead, Houston-based Citgo is opting to sell to retailers only the 750,000 barrels a day it produces at its three U.S. refineries. The refineries are in Lake Charles, La.; Corpus Christi, Texas; and Lemont, Ill.As a result, Citgo over the next year will halt distributing gasoline in 10 states and stop supplying some stations in four other states, the company told reporters. Those 10 states are Iowa, Kansas, Kentucky, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma and South Dakota. Some stations in Illinois, Texas, Arkansas and Iowa will also be affected, Yahoo News reported.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

The Ford Super Duty is a line of commercial pickup trucks, specifically the F-250 through F-550.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher