By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
CITGO Petroleum Corporation (or CITGO) is a United States-incorporated, Venezuela-owned refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. The company is owned by PDV America, Inc., an indirect wholly owned subsidiary of Petróleos de Venezuela, S.A., the national oil company of Venezuela. The company has its headquarters in the Energy Corridor area of Houston, Texas. - Source: Wikipedia
Venezuela recently shipped fuel to a Syrian firm under U.S. government sanctions, in moves that could open the South American nation to punitive U.S. measures, according to energy experts.
When a massive oil leak at the Pickett Road tank farm caused millions of dollars in damage to homes in Fairfax's Mantua neighborhood 20 years ago, Gerald E. Connolly was head of the local citizens association seeking answers. Now a congressman from Northern Virginia, Mr. Connolly is weighing federal draft regulations that could effectively shut down the tank farm amid leaks and spills that continue unabated.
