Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Venezuela’s Gasoline Prices May Rise to $1.60 a Gallon, From 5 Cents
The Truth About Cars ^ | 12/24/2013 | TTAC Staff

Posted on 12/24/2013 12:23:36 PM PST by nascarnation

As Venezuela faces an economic crisis that is depleting government coffers, President Nicolas Maduro is threatening to end something many citizens of that oil producing country consider to be their patrimony, incredibly cheap gasoline, the equivalent of 5 U.S. cents per gallon. That price hasn’t changed in almost two decades. In 1989 the price of gasoline was raised, prompting deadly rioting that went on for days and killed over 300 people. To keep the retail price that low, the government subsidizes gasoline to the tune of more than $12.5 billion a year. The result is that Venezuelans aren’t interested in small, clean, fuel efficient cars. Big old sedans, 1970s era trucks and newer SUVs dominate Venuzuelan roads, compounding both the amount of subsidies needed and the smog over Caracas.

(Excerpt) Read more at thetruthaboutcars.com ...


TOPICS: Business/Economy; Miscellaneous; Society
KEYWORDS: energy; gasoline; oil; subsidy; venezuela
Navigation: use the links below to view more comments.
first 1-2021-31 next last
“Prices are so cheap in Venezuela that they may make Saudi Arabia and Iran look expensive,” said Lucas Davis, a University of California-Berkeley energy specialist.
1 posted on 12/24/2013 12:23:36 PM PST by nascarnation
[ Post Reply | Private Reply | View Replies]

To: nascarnation

Hey Maduro, you pendejo. Gasoline also makes great Molotov cocktails. Looking at you baby!


2 posted on 12/24/2013 12:25:39 PM PST by MadMax, the Grinning Reaper
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation
Can't wipe your a** with gas....

Send toilet paper!!

3 posted on 12/24/2013 12:27:09 PM PST by Sacajaweau
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sacajaweau

Can’t wipe your a** with gas....
Send toilet paper!!

Awsome economy, gas costs you five cents a gallon so you can afford to drive for hours looking for a twenty dollar roll of toilet paper!


4 posted on 12/24/2013 12:35:11 PM PST by Mastador1 (I'll take a bad dog over a good politician any day!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: nascarnation

Can we have their gas prices and nothing else? lol


5 posted on 12/24/2013 12:35:27 PM PST by thetallguy24
[ Post Reply | Private Reply | To 1 | View Replies]

To: thetallguy24

Can we send them teepee for gas?


6 posted on 12/24/2013 12:42:10 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
[ Post Reply | Private Reply | To 5 | View Replies]

To: The Antiyuppie
Importing/exporting? Works for me lol


7 posted on 12/24/2013 12:44:25 PM PST by thetallguy24
[ Post Reply | Private Reply | To 6 | View Replies]

To: nascarnation
You have TP?
8 posted on 12/24/2013 12:46:07 PM PST by JPG (Yes We Can morphs into Make It Hurt.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nascarnation

That’ll go over like a fart in a hot summer church. Riots in 5-4-3-2-1...


9 posted on 12/24/2013 12:57:29 PM PST by carriage_hill (Peace is that brief glorious moment in history, when everybody stands around reloading.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JPG

Butt-head/Beavis (I can never tell which is which) as a serial killer?

10 posted on 12/24/2013 1:00:25 PM PST by freedumb2003 (Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: carriage_hill

Ain’t socialism wonderful. 5 cents a gallon gas. No cars to put it in but the gas is cheap. In Cuba it’s free.


11 posted on 12/24/2013 1:02:06 PM PST by spawn44 (MOO)
[ Post Reply | Private Reply | To 9 | View Replies]

To: spawn44

Socialism will not be so popular when a dictator takes power and cracks heads—it always happens. Radiacal French Revolutions and their plans to remake the state and the nature of man—eliminate religion with reason, etc... followed by a Napoleon. The Radical Russion Revolution and its changes in the Soviet Untion was followed by Stalin and his dictatorship.
All they can hope for is a tyrant who isn’t a bloodthirsty monster—a Musolini rather than a Hitler.


12 posted on 12/24/2013 1:07:26 PM PST by Forward the Light Brigade (Into the Jaws of H*ll)
[ Post Reply | Private Reply | To 11 | View Replies]

To: nascarnation
I'm trying to decide...toilet paper or gas? Let's see...oh, that flour or rice conundrum...just damn, have to make a decision...

Ain't socialism/marxism wonderful?

5.56mm

13 posted on 12/24/2013 1:08:58 PM PST by M Kehoe
[ Post Reply | Private Reply | To 1 | View Replies]

Comment #14 Removed by Moderator

To: F15Eagle

As long as I don’t have to import latex, I’m good.


15 posted on 12/24/2013 1:11:51 PM PST by thetallguy24
[ Post Reply | Private Reply | To 14 | View Replies]

Comment #16 Removed by Moderator

To: M Kehoe

Depends on if you have somewhere to go or just have to go....


17 posted on 12/24/2013 1:12:44 PM PST by Las Vegas Ron ("Medicine is the keystone in the arch of socialism" Vladimir Lenin)
[ Post Reply | Private Reply | To 13 | View Replies]

Comment #18 Removed by Moderator

To: Las Vegas Ron
LOL. You get better with age.

5.56mm

19 posted on 12/24/2013 1:15:45 PM PST by M Kehoe
[ Post Reply | Private Reply | To 17 | View Replies]

To: M Kehoe

Hehe....Merry Christmas to you and yours!!


20 posted on 12/24/2013 1:21:08 PM PST by Las Vegas Ron ("Medicine is the keystone in the arch of socialism" Vladimir Lenin)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-31 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson