Coalition Fights Texaco

Posted: December 12, 1996

African-Americans spend $8.6 billion annually on gas and motor oil, according to Target Market News, a Chicago-based publication which tracks black spending.

Of that, $175 million is spent in Philadelphia.

Today, a coalition of local groups plans to discuss how it can make corporations such as Texaco more responsive to minority workers and communities.

``Our fight is not with the African-American or local gas station owners. It is with Texaco as a whole,'' said David J. Warren, development director for the Black United Fund of Pennsylvania.

The Fund is one of 20 groups that comprise the Coalition of Africans for Justice Against Texaco. The meeting is scheduled for 7 tonight at Tindley Temple United Methodist Church, Broad and Fitzwater streets.

U.S. Rep. Chaka Fattah, D-Pa., and City Councilwoman Marian Tasco are among the elected officials and local black leaders who plan to attend and audience participation is welcomed.

The coalition's focus has been less on boycotts, and more on getting cities and states to divest themselves of Texaco stock, Warren said. Last month, Philadelphia's Board of Pensions and Retirement sold $5.8 million worth of shares it had in Texaco.

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