Amid continuing economic turmoil,
Venezuela skipped heating oil contributions to a Massachusetts-based nonprofit
for a second consecutive winter, signaling that the popular program that began
with fanfare after Hurricane Katrina may be kaput. The decision by Venezuela's
Citgo Petroleum Corp. to bow out of the program founded by Joseph P. Kennedy
II, which has helped hundreds of thousands of U.S. residents, coincides with
plummeting oil prices and corresponding economic problems in oil-rich
Venezuela. Hopes of a late contribution to the "Joe-4-Oil" program to
help the poor heat their homes faded with spring's arrival this week, Kennedy said.
More… 
Wednesday, March 22, 2017
Venezuela’s troubles put U.S. heating oil charity in limbo
Amid continuing economic turmoil,
Venezuela skipped heating oil contributions to a Massachusetts-based nonprofit
for a second consecutive winter, signaling that the popular program that began
with fanfare after Hurricane Katrina may be kaput. The decision by Venezuela's
Citgo Petroleum Corp. to bow out of the program founded by Joseph P. Kennedy
II, which has helped hundreds of thousands of U.S. residents, coincides with
plummeting oil prices and corresponding economic problems in oil-rich
Venezuela. Hopes of a late contribution to the "Joe-4-Oil" program to
help the poor heat their homes faded with spring's arrival this week, Kennedy said.
More… 
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment