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U.S. Judge May Have Just Given Freedom to Venezuela
https://www.opslens.com ^ | AUGUST 10, 2018 | JOEL FREWA

Posted on 08/13/2018 1:36:11 AM PDT by Enterprise

Once the inevitable collapse of Citgo happens, the ruling drug cartel in Venezuela will inevitably enter it’s final phase. Today, Venezuela is unable to refine oil into gasoline, so in turn it is purchased from Citgo and all but given away for domestic consumption. This has given rise to a vast network of gasoline smuggling, often by the military itself, which steals the gasoline in transit then sells it in other nations for a huge profit while remaining well under the market price. Gasoline is so cheap in Venezuela, one can purchase around 875,000 gallons of 87 octane for $1.

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


TOPICS: Chit/Chat; Miscellaneous
KEYWORDS: assets; bitcoin; citgo; cryptocurrency; gas; iran; oil; petro; venezuela
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All I want to know is who do I send my dollar to and where can I fill up?
1 posted on 08/13/2018 1:36:11 AM PDT by Enterprise
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To: Enterprise

I have not visited a Citgo in over 10 years.


2 posted on 08/13/2018 1:56:25 AM PDT by LukeL
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To: LukeL

I can’t remember the last time I went to a Citgo. But for 875,000 gallons of gas for a dollar, I could be tempted.


3 posted on 08/13/2018 1:58:57 AM PDT by Enterprise
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To: LukeL

Likewise, and probably for the same reasons. And I used to have one that was reasonably convenient.


4 posted on 08/13/2018 2:16:36 AM PDT by FreedomPoster (Islam delenda est)
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To: Enterprise

https://www.imdb.com/title/tt0387808/

It makes the crops grow.


5 posted on 08/13/2018 2:31:59 AM PDT by LesbianThespianGymnasticMidget (TRUMP TRAIN !!! Get the hell out of the way if you are not on yet because we don't stop for idiots)
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To: Enterprise

Contango.


6 posted on 08/13/2018 2:57:15 AM PDT by mindburglar (I like spelling it Lazers. It looks cooler.)
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To: Enterprise
> All I want to know is who do I send my dollar to and where can I fill up? <

I think that you're supposed to send your dollar to Joe Kennedy. As to when you'll actually get your gas, that's up to Joe's boss Nicolás Maduro.


7 posted on 08/13/2018 3:16:18 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: Enterprise

Eh. Lemme know when it gets to a million gallons for a buck.


8 posted on 08/13/2018 3:23:04 AM PDT by davius (You can roll manure in powdered sugar but that don't make it a jelly doughnut.)
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To: Enterprise
875,000 gallons FOR A DOLLAR???

Okay, this tank holds 9,000 gallons:

You'd need about a hundred of them to haul your gas down the highway.

A typical gas station could easily take one of them off your hands for, say, $2/gallon? It'd be a bargain for him. And you'd net about $17,000 per truck... $1.7 million for your trouble. Wow, tempting.

I wonder how long it'd take for the FBI to track you down and shoot you dead?

9 posted on 08/13/2018 3:40:04 AM PDT by LibWhacker
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To: Enterprise
The problem with Socialism.

Step 1:

“The problem with socialism is that you eventually run out of other people's money.”― (Margaret Thatcher)... and you must take ownership of all businesses to survive.

Step 2:

Those nationalized companies become owned by your foreign creditors once the businesses can no longer deliver money to pay the governments bills.

Step 3:

Your 'government' is no longer...

10 posted on 08/13/2018 4:03:27 AM PDT by vg0va3
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To: Enterprise

Ping for index


11 posted on 08/13/2018 4:05:01 AM PDT by JohnThree3to16 (http://www.freerepublic.com/focus/f-religion/3625817/posts)
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To: Enterprise

A United States Dollar equals 207,100 Venezuelan Bolívar Fuertes.

A 2 liter coke is 201,256 Bolívar Fuertes
A dozen eggs can cost $150.76 on the black market
That’s 31,222,396 Bolívar Fuertes.
In the U.S., the average price of 12 eggs is just $1.49.


12 posted on 08/13/2018 4:06:36 AM PDT by Sasparilla ( I'm Not Tired of Winning)
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To: Enterprise

Dang - my car requires at least 91 Octane.....but my wife’s car runs well on the 87.......


13 posted on 08/13/2018 4:06:50 AM PDT by trebb (So many "experts" with so little experience in what they preach....even here...)
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To: Sasparilla

I went to college with the son of the owner of the Coca-Cola bottling franchise in Venezuela. My buddy’s name is Thomas Brombin. We kind of lost track of each other in mid to late 1980’s.

I seriously doubt the family still has ownership of the franchise as he was pretty conservative.


14 posted on 08/13/2018 4:15:57 AM PDT by Bartholomew Roberts
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To: All

Only God gives freedom, only man takes it away.


15 posted on 08/13/2018 4:31:01 AM PDT by Maverick68
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To: Enterprise

I’m not buying this story. Even with Venezuela in the toilet it strikes me as preposterous.


16 posted on 08/13/2018 4:40:02 AM PDT by Artemis Webb (Maxine Waters for House Minority Leader!!)
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To: mindburglar

The Venz are backward dated...


17 posted on 08/13/2018 4:47:21 AM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: Enterprise

“Gasoline is so cheap in Venezuela, one can purchase around 875,000 gallons of 87 octane for $1. “

Now if I drove a tanker truck I might fill up there.


18 posted on 08/13/2018 4:54:37 AM PDT by McGruff
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To: Bartholomew Roberts
The people who run Coca Cola are not conservatives, I used to be a die-hard 12 pack a day drinker (min) and this commercial I saw made me stop cold turkey:

Sister and Homosexual Brother fight over who brings Coke to Hunky Pool Boy, Mother Wins."

I know everyone has their own limit, and that was mine!

19 posted on 08/13/2018 5:07:00 AM PDT by rlmorel (Leftists: They believe in the "Invisible Hand" only when it is guided by government.)
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To: Eric in the Ozarks

I always get confused but backwardation means spot is more expensive than forwards. No?


20 posted on 08/13/2018 5:28:46 AM PDT by mindburglar (I like spelling it Lazers. It looks cooler.)
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