Venezuela’s troubles put US heating oil charity in limbo
Amid continuing economic turmoil, Venezuela skipped heating oil contributions to a Massachusetts-based non-profit for a second consecutive winter, signalling 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.
“While this is not good news, it certainly isn’t surprising,” the businessman and former congressman told The Associated Press.


