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CITGO is owned by Petróleos de Venezuela, S.A., the national oil company of Venezuela.
It seems to me that in order to either help or hurt an incumbent President's reelection chances--which is the only time this scenario might make some sense--is if ALL the oil companies participated conspiratorially. Otherwise there would be wildly fluctuating prices from one brand to the next, no? Would the Venezuelan company go along with the scheme of their competitors in the U.S.?
Edit to add that Venezuela is a member of OPEC, which adds another twist.
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