Tuesday, January 03, 2006

Chicago vs. Hugo Chávez



Rather than accept cheap diesel from Venezuela, the city chose to raise commuting costs for low-income residents.

The Chicago Transit Authority is refusing an opportunity to alleviate commuting costs for hundreds of thousands in the Windy City's low-income neighborhoods. Instead of accepting deeply discounted fuel from the Venezuela-owned Citgo Petroleum Corp., the city is instead raising fares to solve budget shortfalls.

In an October meeting with representatives from the Chicago Transit Authority (CTA), the city's Department of Energy and other city officials, Citgo unveiled a plan to provide Chicago with low-cost diesel fuel. The company's stipulation, at the bidding of Venezuelan President Hugo Chavez, was that the CTA, in turn, pass those savings on to poor residents in the form of free or discounted fare cards.

But two months later, despite claims of a looming budget crisis, the CTA president "has no intent or plan to accept the offer," according to CTA spokesperson Ibis Antongiorgi. She gave no explanation. According to Venezuela's consul general in Chicago, Martin Sanchez, the CTA has yet to inform his office of its decision to decline the discount offer.

/Read on ....

Why did the Chicago Transit Authority refuse the CITGO oil? One reader tells us why....

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