Gas is 0.12 (yes, 12 CENTS) per gallon in Venezuela

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Donny
    As you wish...
    • May 2002
    • 13754

    #1

    Gas is 0.12 (yes, 12 CENTS) per gallon in Venezuela

    http://money.cnn.com/pf/features/lis...bal_gasprices/

    In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens



    If it can be purchased for 12 cents per gallon there, why is it so much higher elsewhere?
  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #2
    1. They have to ship it here and that costs money.
    2. State gas tax.
    3. Federal gas tax.
    4. In CA we have "special" cleaner gas and there are only 4 refineries producing it and I believe one went offline a month or so back.
    5. Supply and demand. Price goes up we still buy. If we stopped buying prices would drop but we aren't about to stop buying gas.

    Comment

    • SmokeyTheBear
      ►SouthOfHeaven
      • Jun 2004
      • 28609

      #3
      well it appears from the article that the gas in venezuela is subsidized, so its not realy a fair comparison. They are getting that money from somewhere.

      We could prob cut the cost of fuel here by subsidizing it and doubling the tax on beer.
      hatisblack at yahoo.com

      Comment

      • brand0n
        been very busy
        • Nov 2002
        • 26983

        #4
        right but they eat rats

        ill fork over the 2.50 a gallon and eat steak
        want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

        Comment

        • Donny
          As you wish...
          • May 2002
          • 13754

          #5
          Originally posted by brand0n
          right but they eat rats

          ill fork over the 2.50 a gallon and eat steak
          I've never tried rat. It may be delicious.

          Comment

          • Paraskass
            Confirmed User
            • May 2002
            • 5829

            #6
            Originally posted by DonovanPhillips
            I've never tried rat. It may be delicious.

            Comment

            • zvik
              Confirmed User
              • Jan 2004
              • 696

              #7
              these are the guys who pay $0.12/gallon

              http://www.zvik.com
              Graphic design with a different type of mind
              ICQ: 198-346-607

              Comment

              • tony299
                lurker
                • Aug 2002
                • 57021

                #8
                .12 cents that cheap I guess the nearer you are to the source the cheaper it is

                Comment

                • chowda
                  Confirmed User
                  • Jun 2003
                  • 9527

                  #9
                  Government regulated pricing.

                  that and they churn alot of oil
                  Someone finds you...
                  2007

                  PS: Nationalnet is the best host I've ever had. And i tried alot of them.

                  Comment

                  • Nismo
                    Confirmed User
                    • May 2002
                    • 4977

                    #10
                    .12 is alot of money to them.
                    i buy massive xxx dating traffic.

                    Comment

                    • tristan_D
                      Confirmed User
                      • Jul 2005
                      • 7865

                      #11
                      most oil producers have gone independent that's why the government can't do anything. that's just bad.
                      Increase your sales. Up to $4 per click.

                      Comment

                      • AlienQ - BANNED FOR LIFE
                        best designer on GFY
                        • Mar 2003
                        • 30307

                        #12
                        Maybe I should by gas in venesuala and sell it in my back yard.

                        Comment

                        • Oracle Porn
                          Affiliate
                          • Oct 2002
                          • 24433

                          #13
                          Originally posted by AlienQ
                          Maybe I should by gas in venesuala and sell it in my back yard.
                          buy low sell high.


                          Comment

                          • je_rome
                            Confirmed User
                            • Jul 2005
                            • 6846

                            #14
                            .12 is alot of money to them.
                            i think so too.. so it must be high for them still..
                            Make money on any traffic. Join KlikRevenue.com Today!

                            Comment

                            • nofx
                              Too lazy to set a custom title
                              • Nov 2002
                              • 16826

                              #15
                              Originally posted by zvik
                              these are the guys who pay $0.12/gallon
                              they prob huff a lot of it

                              Often times I wonder why
                              There's love and hate, theres live or die.
                              When sickness comes I must decide:
                              When feelings go, theres suicide.

                              Comment

                              • baddog
                                So Fucking Banned
                                • Apr 2001
                                • 107089

                                #16
                                Originally posted by tony404
                                .12 cents that cheap I guess the nearer you are to the source the cheaper it is

                                funny how that works

                                Comment

                                • PixeLs
                                  Too lazy to set a custom title
                                  • Jul 2005
                                  • 11922

                                  #17
                                  Originally posted by DonovanPhillips
                                  http://money.cnn.com/pf/features/lis...bal_gasprices/

                                  In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens



                                  If it can be purchased for 12 cents per gallon there, why is it so much higher elsewhere?
                                  It's the government that shoulders the burden of the oil's skyrocketing prices.

                                  Make money on any traffic.
                                  Bi-weekly payments with no hold.

                                  Comment

                                  • phonesex
                                    Confirmed User
                                    • Mar 2005
                                    • 3437

                                    #18
                                    My next car is gas/electric for sure. I pay more on gas than the car payment.

                                    Comment

                                    • Violetta
                                      Affiliate
                                      • Jul 2004
                                      • 28735

                                      #19
                                      holy smoke... thats a nice price my friend!
                                      M&A Queen

                                      Comment

                                      • SomeCreep
                                        :glugglug
                                        • Mar 2003
                                        • 26118

                                        #20
                                        Lol, $6.48/gallon in the Netherlands? At that price, I cant believe people still drive around in anything gas powered.

                                        Webair Hosting

                                        I use and recommend Webair for hosting.

                                        Comment

                                        Working...