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Where Gas is Still Around $2 Per Gallon. . .
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03-24-2012, 01:30 AM
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EnvellFen
Join Date
Nov 2005
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507
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Honest $2 gasoline?
Who's the retard that wrote this?
This is what gasoline SHOULD cost without OIL MAFIA:
Gasoline in Venezuela costs about 12 cents a gallon
,
Low gas prices plague Venezuela (YEAH...RIGHT...)
CARACAS — As US officials consider tapping the country’s strategic oil reserves to lower gasoline prices, analysts say a price hike is what Venezuela needs to wean itself from a consumer addiction that threatens to bankrupt this oil-driven economy.
“It’s criminal how cheap [gasoline] is,” said Gonzalo Ibarra as a gas station attendant fills up his shiny silver Mercedes Benz for less than a dollar. “I pay more for the tip than the gas.”
The 64-year old lawyer is in no need of a government handout but as a wealthy car owner is one of the biggest beneficiaries of a gasoline subsidy that’s costing the state’s economy at least $1.5 billion in revenue even as it struggles to recover after two consecutive years of loss.
Mr. Ibarra is unusual in that he says he would welcome a price hike but doesn’t believe President Hugo Chavez, who is facing an election next year, could pull off such a feat in a nation where cheap gasoline is considered a birthright. “It’s a very delicate matter.”
Gasoline in Venezuela costs about 12 cents a gallon
, well below the $4 a gallon or more paid in most of the industrialized world.
http://articles.marketwatch.com/2011...hike-venezuela
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