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11/23/2005:

"Oil For Bronx Poor is a Foreign Gift"

Poor residents and nonprofit groups in the South Bronx are about to receive a huge Christmas gift from Venezuela's firebrand President Hugo Chavez: Eight-million gallons of heating oil at bargain-basement prices.

Two months ago, in an interview with the Daily News during his visit to the United Nations, Chavez first made the startling offer of cheap fuel for this winter from his oil-rich country to a handful of poor communities in the United States.

At the time, critics of the radical populist Chavez, the Bush administration's biggest nemesis in South America, scoffed at his proposal.

But the Venezuelan leader is about to deliver.

"The first shipments of low-cost fuel from CITGO will begin arriving in my district by late next week," U.S. Rep. Jose Serrano (D-South Bronx) said yesterday.

CITGO, the Houston-based subsidiary of Venezuela's national oil company, owns 14,000 gas stations and eight refineries in the U.S. Because of that, Chavez has a ready-made distribution system and doesn't need any special approvals from the White House for his project.

"My constituents are facing some of the highest energy bills in recent history, even as oil companies are reporting the largest profits in recent memory," Serrano said. "I'm very pleased to have helped broker this historic agreement."

The Bronx congressman has been working feverishly for weeks to connect local nonprofit groups with CITGO and Venezuelan government officials. The South Bronx plan is similar to one announced yesterday in Boston for CITGO to supply 12 million gallons of discounted heating oil to 45,000 low-income families and nonprofits in Massachusetts.
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