Quote:
Originally posted by The1calledTKE
Thats just crazy. Only 5 cents? I mean it is gas from their country but still.
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Matter of national pride, too... They don't hafta deal with gas taxes either. Refining and other production, transportation and marketing costs are minimal as well.
Back when I was growing up in Venezuela thirty years ago, the price for a liter of gas was ridiculously cheap. My mother asked the gas station attendant to fill it up with the premium gas, which only cost (back then) 15 centimos a liter. (She also worked back then as an executive secretary at Shell Oil of Venezuela. When the oil industry was nationalized in 1976, the whole family packed up and moved to Atlanta - she did not want to jeopardize her naturalized U.S. citizenship by working for a foreign government.)
Gas is still dirt cheap down there, and Venezolanos like their gas-guzzling land yachts and SUVs.