I admire what 7-Eleven has done in cutting off its contract with Venezuela-owned Citgo as supplier to its convenience store gas stations.
7-Eleven said three days ago it had severed ties with Citgo, after more than 20 years, in part to protest Venezuelan President Hugo Chavez and his support for dictatorships like the one imprisoning Cuba.
"Certainly Chavez’s position and statements over the past year or so didn't tempt us to stay with Citgo," said 7-Eleven spokeswoman Margaret Chabris.
The benefits. In this case, 7-Eleven probably will benefit from tossing off Citgo. Instead of one contract with one gasoline supplier, 7-Eleven will seek contracts with several distributors, increasing competition to hold down prices.
The divorce from Citgo also is a reminder that, just as the United States refused to buy Iraqi oil during Saddam-era sanctions and refuses to buy Iranian oil today, the U.S. is capable of doing without the oil of all those regimes madly intent on spreading oppression.