Venezuelan Controversy
Texaco sold some Citgo gas stations in the southeast when Chevron gained exclusive rights to the Texaco brand name in the U.S. on June, 2006. On September 27, 2006 the 7-Eleven chain of convenience stores announced its 20-year contract with Citgo was coming to an end and would not be renewed. 7-Eleven Spokeswoman Margaret Chabris said "Regardless of politics, we sympathize with many Americans' concern over derogatory comments about our country and its leadership recently made by Venezuela's president. Certainly Chavez' position and statements over the past year or so didn't tempt us to stay with Citgo."
Citgo launched a national ad campaign in the fall of 2006 emphasizing the company's corporate social responsibility. National television ads featuring Joe Kennedy also aired through February 2007 featuring ordinary Americans thanking Citgo and Venezuela for providing discounted heating oil to low-income people.
Read more about this topic: Citgo
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“And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.”
—Thomas Hobbes (15791688)