Hey Chavez, intervened directly on our behalf for permit dude

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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mineonmoney

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Hey Chavez, intervened directly on our behalf for permit dude

posted on Jan 07, 2009 04:11PM

Nice move you scored some points, good PR also, suspend it then reinstate it to bring attention to the good things you are doing, Crystallex announce they will suspend social commitment in KM 88, Oh Fung just called, said he will maintain, no no he said he will wait until after the press pick it up, anyway's Mr. Chavez its good you are helping people in need regardless of your agenda, your Russian friend Mr. Putin is starting a cold war with the poor people in Ukraine, he is holding back gas and they are freezing their azzes off and you are giving cheap 'gas' in US and they like, I guess your timing was a little off, what would people think, both Chavez and Putin are holding back gas in the middle of winter because of money, wouldn't look good on you will it....

Venezuela to Maintain Heating Oil Program in U.S. (Update1)

By Matthew Walter

Jan. 7 (Bloomberg) -- Citgo Petroleum, the U.S. refining unit of Venezuela’s state oil company, has decided not to suspend a program that provides heating oil to low-income households in the U.S.

President Hugo Chavez, a long-time critic of President George W. Bush, intervened directly to keep the program going, said Bernardo Alvarez, the former Venezuelan ambassador to the U.S., in a telephone interview.

“This decision is a result of a strong commitment and a big effort on the part of Citgo and our shareholders, in light of the current global financial crisis and its impact on the oil industry,” said Alejandro Granado, Citgo’s president and chief executive officer, in an e-mailed statement.

Venezuela, the biggest oil exporter in the Americas, is taking steps to save money after oil prices fell 71 percent from a record in July. The government relies on oil exports to finance half its budget.

Boston-based Citizens Energy Corp., which handles the logistics of the Citgo program, announced Jan. 5 that the initiative would be suspended until further notice because of falling oil prices.

Chavez started the heating oil program in the U.S. in 2005 after meeting with civil rights leader Jesse Jackson. Last year the program provided 200,000 households in 23 states with fuel.

To contact the reporter on this story: Matthew Walter in Caracas at mwalter4@bloomberg.net.