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To: thackney

What percentage of this company is owned by Venezuela and Hugo Chavez????


9 posted on 05/10/2012 7:55:19 AM PDT by ridesthemiles
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To: ridesthemiles

ConocoPhillips? Mostly mutual funds and retirement plans.


10 posted on 05/10/2012 8:02:10 AM PDT by thackney (life is fragile, handle with prayer)
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To: ridesthemiles; Eva
For many years the HOVENSA refinery in the Virgin Islands which was co-owned by Venezuela and Hess Oil in New York processed Venezuela crude into transportation fuel and home heating oil used in the northeast. That refinery is being closed because of the enviro upgrades.

A Canadian company owns the Race Trac stations in Tx, Ok, and Ar. Kuwait owns the Q8 stations in Europe. Alon Energy the Iraeli Company owns all the gas stations previously owned by Fina and Total(foreign companies) in Texas and OK. Alon also bought refinery in Big Springs which was owned by Fina who bought that refiney from the old Cosden Oil company

I still remember that for many years Fina stations and Total stations were cheapest place to buy gas in DFW, but when Alon took those stations over the price went up, and Race Trac moved into that area and became the cheapest.

I also remember 1998 when, because the asian economy nose dived, the world price of oil collapsed from $25 to $12 and you could buy gasoline for 65 cents per gallon in DFW.

I also remember how the price of crude and gasoline increased in the oughties until I was paying $3.97 a gallon in June 2008. Then the economy began to collapse and oil and gasoline prices collapsed. Crude fell to $44/barrel and I paid $1.63 per gallon in Dec 2008. Of course the economy gradually improved from that point and oil/gasoline went back up

17 posted on 05/10/2012 9:06:23 AM PDT by Ben Ficklin
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