The Boston Globe is reporting 45,000 low income families in Massachusetts will soon start getting discounted home-heating oil from a subsidiary of the Venezuelan national oil company. Venezuelan President Hugo Chavez has offered to ship 285,000 barrels of oil to Massachusetts and sell it at a 40 percent discount. The deal was arranged by U.S. Congressman William Delahunt, the Venezuelan gas company Citgo and a Massachusetts nonprofit called Citizens Energy. Nationwide home heating oil prices are expected to increase by as much as 50 percent this winter because of rising oil prices.
Venezuela to Offer Discounted Oil to Massachusetts Residents
HeadlineNov 22, 2005