Venezuela has launched its energy assistance program for the seventh consecutive year, which helps poor Americans to pay for their home heating oil during the winter, Press TV reports.
The aid, which is provided by Citgo, a branch of the Venezuelan state oil company, PDVSA, will be received by more than 400,000 poor Americans next year, a Press TV correspondent reported on Thursday.
Citgo’s president, Alejandro Granado, has said that rising energy costs continue to affect millions of Americans, impairing their quality of life.
Granado added that his company does not want the US families to be forced to choose between keeping their homes heated, and paying for other basic needs like food or medicines.
“United States is not all roses like people think there are lots of people under poverty, below their standards” Oil industry analyst, Elio Ohep says.
The heating oil program began in 2005, following the aftermath of hurricanes Rita and Katrina. The PDVSA’s subsidiary has so far invested over 400 million dollars in energy assistance for US citizens facing economic hardship.
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