Venezuela Should Increase Gasoline Prices Sharply

anagrammatt2 Says:
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August 11, 2014 at 12:26 pm

Ridiculous price for gasoline! Even at their income payment capacity! But if this price goes up most will find it harder to use public transport! For the casual Venezuelan a price hike is a price hike!
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anagrammatt2 Says:
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August 11, 2014 at 12:29 pm

Canada’s gasoline price is at a limit! A limit of 40-100$ a tank <1.5$/ltr…! Which is around 400$/month for the Km my household does! Anything more is beyond a gasoline engine feasibility cost!

This limit is due to an average low middle class income and family group! Which is a big group!

The Devil's Excrement

Kees-Verkaik-18.12.13-Gasolina-Maduro-Castro-Ortega-Tal-Cual

I am behind on writing about Venezuela. There are so many things to write about and I do have many opinions on them. And there is little time. But the subject of the gasoline price increase is at the top today. In this supposed “adjustment” that Chavismo has claimed it will do for the last eight months, the discussion began after the regional elections in December with precisely the price of gas. But then, much like the so called “unification” of the exchange rate (now called the “convergence”), there was a lot of internal opposition within Chavismo to the increase of gasoline prices.

Now things have been turned around, there is a lot of opposition to the convergence of exchange rates internally, so all of a sudden Minister Ramirez revives the subject of a gasoline price increase. It seems Ramirez only wants to find a way to have PDVSA improve…

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