CITGO will stop supplying gas to stations in Ohio and nine other states, by the end of March 2007, according to a company spokesman. The stations will stay, they just will not operate under the CITGO name, says company spokesman David McCollum. Cuyahoga Falls has five CITGO stations , Stow, Munroe Falls, Northfield, Tallmadge,Twinsburg, Bedford and Maple Heights each have one station, all owned by Holland Oil except for the Stow location. CITGO is experiencing a gasoline shortage of 130,000 barrels per day causing large profit losses for the company says McCollum. McCollum also adds the shortage certainly puts us at a competitive advantage financially, citing the shortfall as the reason CITGO is moving out of the region.
Source: Stow Sentry Sunday, July 30, 2006
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eugene.dougherty@realliving.com
Sunday, July 30, 2006
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