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7-Eleven Dropping Venezuela-Backed Citgo
Yahoo ^ | 9/27 | AP

Posted on 09/27/2006 9:26:22 AM PDT by zek157

click here to read article


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To: zek157
THANK YOU 7/11

Call or write the 7-Eleven®, Inc. Corporate Headquarters 2711 North Haskell Dallas, TX 75204 Phone: 214-828-7011, Customer Relations 800-255-0711

61 posted on 09/27/2006 9:55:02 AM PDT by carlo3b ("Leave the gun, take the cannoli")
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To: zek157

Sweet!


62 posted on 09/27/2006 9:55:19 AM PDT by rightinthemiddle (Without the Media, the Left and Islamofacists are Nothing.)
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To: All

Some math here,

Lets say 50 vehicles pay $50 bucks to fill up at each location daily.

$2500 profit per staion, times 2100 locations.

5,250,000 times 365 days...

Almost two BILLION in lost profits, eat Hugo!


63 posted on 09/27/2006 9:55:21 AM PDT by BladeLWS
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To: zek157

Good for 7-11. I believe the company orignated in Texas.


64 posted on 09/27/2006 9:55:39 AM PDT by Sacajaweau (God Bless Our Troops!!)
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To: All

Some math here,

Lets say 50 vehicles pay $50 bucks to fill up at each location daily.

$2500 profit per staion, times 2100 locations.

5,250,000 times 365 days...

Almost two BILLION in lost profits per year, eat Hugo!


65 posted on 09/27/2006 9:55:45 AM PDT by BladeLWS
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To: rahbert


Big deal? They will not be making 50cents at the retail level.
How do you develop a new distribution system quickly?


66 posted on 09/27/2006 9:56:30 AM PDT by zek157
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To: carlo3b
God Bless America, and 7-Eleven!
67 posted on 09/27/2006 9:56:37 AM PDT by roses of sharon
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To: subterfuge

We worked on 40 7-11 sites in Upstate New York circa 1980. All the paperwork was from Texas IIRC.


68 posted on 09/27/2006 9:59:33 AM PDT by Sacajaweau (God Bless Our Troops!!)
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To: zek157

I can see Chavez ought to watch what he calls foreign leaders...


69 posted on 09/27/2006 10:01:15 AM PDT by Knitting A Conundrum (Act Justly, Love Mercy, and Walk Humbly With God Micah 6:8)
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To: zek157

wow.

With oil droping now below 60, how soon till Chavez's communist utopia implodes.


70 posted on 09/27/2006 10:05:00 AM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: sasha123

So how soon can they make the change over???


71 posted on 09/27/2006 10:06:23 AM PDT by samadams2000 (Somebody important make....THE CALL!)
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To: BladeLWS

Dear BladeLWS,

If 50 vehicles pay $50 each for gas at a particular gas station, that's $2500 in revenues, not in profit.

It's likely that the profit generated at a particular gas station that goes to the franchisor (like Shell, Exxon, or Citgo) is only a few pennies per gallon.

The loss to Citgo of the franchisor's profits will still add up to a significant amount of money annually, and that will be lost to Venezuela's national oil company, but I doubt it will be billions of dollars annually.


sitetest


72 posted on 09/27/2006 10:07:16 AM PDT by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
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To: samadams2000

IMO it doesn't matter at all if Hugo sells his oil a different way or to different refineries.

The point is the message was heard at 7-11. And that message will be heard at other locations that want to vend Citgo Gas.

What would you say to Citgo dropping the pirce about .25 to try ang gain customers back. I think that would intern drive the price of gas down more via competition.

No matter what this will sting a bit and of bigger importance than that sting is the fact that Americans can get together behind a good cause and get results.

Now just get the US government to do the same. I don't care if they have to buy out the contracts or just cancel them, DO IT NOW!


73 posted on 09/27/2006 10:11:00 AM PDT by BookaT (My cat's breath smells like cat food!)
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To: finnman69
What's not so amusing is the lunatic left will call for a boycott of 7/11 because they love Hugo Chavez more than America.

So they won't be selling as many giant bottles of beer and junk food. We need to reward them for this move and show them that we more than make up for the loss of the liberal vote.

74 posted on 09/27/2006 10:11:01 AM PDT by SlowBoat407 (I've had it with these &%#@* jihadis on these &%#@* planes!)
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To: zek157

75 posted on 09/27/2006 10:12:12 AM PDT by Salem (FREE REPUBLIC - Fighting to win within the Arena of the War of Ideas! So get in the fight!)
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To: zek157

76 posted on 09/27/2006 10:13:44 AM PDT by maggief
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To: maggief

Anyone know the Southland stock symbol???


77 posted on 09/27/2006 10:15:01 AM PDT by samadams2000 (Somebody important make....THE CALL!)
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To: SaveTheChief
It doesn't matter where the fuel is refined when the profits are going into Hugo's pocket.

Less profit tho'. He'll only get the profit on the crude, and not the crack spread too.

78 posted on 09/27/2006 10:16:08 AM PDT by green iguana
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To: Knitting A Conundrum

And here his advisors warned him Bush might shoot him for what he said... ROFL. Who cares about the US government, it is what the US consumer thinks of you. He shold have consulted with Chirac.


79 posted on 09/27/2006 10:17:33 AM PDT by ican'tbelieveit (Join FreeRepublic's Folding@Home team (Team# 36120), KW:Folding)
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To: zek157

Same with Circle K (from August 21, 2006)

http://sadbastards.wordpress.com/2006/08/21/circle-k-drops-venezuelan-owned-citgo-gas-and-goes-with-texas%E2%80%99-valero-energy/


80 posted on 09/27/2006 10:18:25 AM PDT by TexGuy
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