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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
“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
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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
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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
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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!)
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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
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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.")
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To: The Antiyuppie
Importing/exporting? Works for me lol


7 posted on 12/24/2013 12:44:25 PM PST by thetallguy24
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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.)
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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.)
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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.)
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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)
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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)
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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
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To: thetallguy24; Larry Lucido; Gamecock

First he was Art Corvalet - An engineer that built railroads.


14 posted on 12/24/2013 1:10:10 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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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
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To: nascarnation

Does President Nicolas Maduro at least have his own birth certificate?

I mean, we could trade one dictator for another, but with cheaper gasoline.

j/k


16 posted on 12/24/2013 1:11:52 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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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)
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To: thetallguy24

But if you manufacture it in your apartment, you could probably use a salesman.


18 posted on 12/24/2013 1:14:10 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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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
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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)
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To: spawn44
"In Cuba it’s free."

From Venezuelan tankers? Tell me Cuba doesn't have oil wells and refineries.

They sure got some nice, old 50s & 60s cars down in Cuba, cobbled together, but running like champs. And some, not-so-nice junkers, but also running.

21 posted on 12/24/2013 1:28:20 PM PST by carriage_hill (Peace is that brief glorious moment in history, when everybody stands around reloading.)
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To: nascarnation

Are those prices also available to the yacht owners pulling into the Venezuelan port cities? Not that I’m one of those fortunate individuals, but I wonder if those prices are available to everyone or only to the Venezuelan citizens.


22 posted on 12/24/2013 1:33:51 PM PST by Two Kids' Dad (((( ))))
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To: Two Kids' Dad

I did some internet research on your question just for fun.

The cheap price (which apparently is about 80 cents/gal for marine diesel) is only available to vessels operating under Venezuelan flag/registry.

Also comments indicate that the fuel there is not good quality and causes a lot of service issues. And that a lot of “banditos” sailing the area area a “major problemo”


23 posted on 12/24/2013 1:40:35 PM PST by nascarnation (Wish everyone see a "Gay Kwanzaa")
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To: nascarnation

Thanks for the answer. Merry Christmas!


24 posted on 12/24/2013 1:48:56 PM PST by Two Kids' Dad (((( ))))
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To: nascarnation

Darn,I was gonna move there!!!!!!!!!!!!!!!!!!!


25 posted on 12/24/2013 1:58:56 PM PST by bandleader
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To: MadMax, the Grinning Reaper

Has the government there made private possession of firearms illegal??????????


26 posted on 12/24/2013 2:00:17 PM PST by bandleader
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To: nascarnation

Direct link in case image is blocked

27 posted on 12/24/2013 2:26:07 PM PST by KarlInOhio (Everyone get online for Obamacare on 10/1. Overload the system and crash it hard!)
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To: Las Vegas Ron
Merry Christmas.

5.56mm

28 posted on 12/24/2013 3:10:03 PM PST by M Kehoe
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To: bandleader

I believe Chavez and Maduro have made attempts to make private possesion of firearms illegal but you would have to check it just to be sure.

Lots of guns used in crime/murders there so somebody has them.

Hint: Like Allende in Chile, Chavez was creating his own private army so communist weapons from Cuba were being handed out behind the public’s back. This is what to watch out for.


29 posted on 12/24/2013 4:03:02 PM PST by MadMax, the Grinning Reaper
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To: nascarnation

Nothing a little more government power can’t fix.


30 posted on 12/25/2013 12:55:53 AM PST by Organic Panic
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To: Forward the Light Brigade
After socialism in Venezuela has died and the dust settles down in 10 years it could be the place to go like Cuba was before Fee Fee got in power.
Take a look at Vietnam.
31 posted on 12/25/2013 8:03:59 AM PST by American Constitutionalist
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