Eighth annual Citgo-Venezuela Heating Oil Program starts on Thursday
Under the program, free heating oil is provided to people unable to afford it during winter. Donations, which began in 2005, have benefitted over 1.7 million households
The eighth program was launched at the Night of Peace Family Shelter in Baltimore attended by Citgo Petroleum Corporation President and CEO Alejandro Granado, Citizens Energy Corporation Chairman Joseph P. Kennedy II, and Venezuelan Deputy Minister for North America Claudia Salerno Caldera.
The program, which began in 2005 in response to the high prices of heating oil resulting from hurricanes Katrina and Rita, has helped so far some 1.7 million people by supplying them over 200 million gallons of heating oil.
Translated by Jhean Cabrera
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.