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FrodosPet

(5,169 posts)
Fri Jul 20, 2012, 09:30 PM Jul 2012

Chavez's gasoline rationing plan causes uproar

http://www.oregonlive.com/newsflash/index.ssf/story/chavezs-gasoline-rationing-plan-causes-uproar/7d4f2eb08d4a43458eb3140c1c0f1eda

CARACAS, Venezuela (AP) — As home to the world's cheapest gasoline, Venezuela has long had to contend with the hemorrhaging of supplies as smugglers haul gas across the border to cash in where the fuel costs far more.

In neighboring Colombia, drivers pay 40 times as much as Venezuelans to tank up — $1.25 a liter ($4.73 a gallon), compared to 3 U.S. cents a liter (11 cents a gallon).

So much gasoline is being taken out of Venezuela illegally that President Hugo Chavez's socialist government imposed rationing on motorists in one state bordering Colombia last year, and now it's touched off a furor in a second border state by announcing it will ration gasoline there, too.

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How can they sustain a price of 11 cents a gallon? Not to mention, isn't it a disincentive to reduce greenhouse gases when gasoline is that cheap?
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