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re: Venezuelans pay only 6 cents for a gallon of gas

Posted on 8/22/14 at 2:08 pm to
Posted by Ash Williams
South of i-10
Member since May 2009
18180 posts
Posted on 8/22/14 at 2:08 pm to
quote:

Venezuelans pay only 6 cents for a gallon of gas


...because

quote:

The state-owned oil company in Venezuela, Petróleos de Venezuela, spends $11 billion every year subsidizing gas prices to keep them artificially low in Venezuela.

Posted by FLObserver
Jacksonville
Member since Nov 2005
14523 posts
Posted on 8/22/14 at 2:11 pm to
Feds need to start printing the money! we need some subsidizing.
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