Venezuela to Raise Fuel Prices in Historic Policy Shift

[JAT]

Venezuela to Raise Fuel Prices in Historic Policy Shift

Venezuela’s President Nicolas Maduro said fuel prices would increase
starting in June, a historic policy shift after decades of subsidies
that have allowed Venezuelans to essentially fill their tanks for free.

Gasoline will be sold at 5,000 bolivars (2.5 U.S. cents) per liter at
gas stations nationwide starting Monday, including 200 stations that
will sell premium fuel at the equivalent of 50 U.S. cents a liter,
Maduro said. Gasoline will be limited to 120 liters (30 gallons) per
month for each vehicle.

https://www.bloomberg.com/news/articles/2020-05-31/venezuela-announces-fuel-price-hike-in-historic-policy-shift

[Shadow]

Post by JAT
Venezuela to Raise Fuel Prices in Historic Policy Shift
Venezuela’s President Nicolas Maduro said fuel prices would increase
starting in June, a historic policy shift after decades of subsidies
that have allowed Venezuelans to essentially fill their tanks for free.
Gasoline will be sold at 5,000 bolivars (2.5 U.S. cents) per liter at
gas stations nationwide starting Monday, including 200 stations that
will sell premium fuel at the equivalent of 50 U.S. cents a liter,
Maduro said. Gasoline will be limited to 120 liters (30 gallons) per
month for each vehicle.

Sounds reasonable. Wish braZil's right winger Bosta-asno would
follow his example. Over 80 cents a liter here, for a
diesel/gasoline/alcohol/water mix that makes corner mechanics happy.
Most braZilians can't afford 120 liters a month ....
[]'s

[JAT]

I find it reasonable, too. The only problem is the corruption. In my
opinion everybody should pay for - *No subsidized fuel at all*

/jat
Knowledge will set you free
El conocimiento te hará libre

Post by Shadow

Post by JAT
Venezuela to Raise Fuel Prices in Historic Policy Shift
Venezuela’s President Nicolas Maduro said fuel prices would increase
starting in June, a historic policy shift after decades of subsidies
that have allowed Venezuelans to essentially fill their tanks for free.
Gasoline will be sold at 5,000 bolivars (2.5 U.S. cents) per liter at
gas stations nationwide starting Monday, including 200 stations that
will sell premium fuel at the equivalent of 50 U.S. cents a liter,
Maduro said. Gasoline will be limited to 120 liters (30 gallons) per
month for each vehicle.

Sounds reasonable. Wish braZil's right winger Bosta-asno would
follow his example. Over 80 cents a liter here, for a
diesel/gasoline/alcohol/water mix that makes corner mechanics happy.
Most braZilians can't afford 120 liters a month ....
[]'s

[Shadow]

Post by JAT
I find it reasonable, too. The only problem is the corruption. In my
opinion everybody should pay for - *No subsidized fuel at all*

If the citizens pay taxes(and they do, most tax in South
America comes from salaries and food), they're getting their money
back. So if everybody pays taxes, everybody should benefit.
Think public healthcare or public education.
Imagine a country without a decent public health system,
they'd be an easy target for pandemics, like coronavirus. It would be
a nightmare.
[]'s

Post by JAT
/jat
Knowledge will set you free
El conocimiento te hará libre

Post by Shadow

Post by JAT
Venezuela to Raise Fuel Prices in Historic Policy Shift
Venezuela’s President Nicolas Maduro said fuel prices would increase
starting in June, a historic policy shift after decades of subsidies
that have allowed Venezuelans to essentially fill their tanks for free.
Gasoline will be sold at 5,000 bolivars (2.5 U.S. cents) per liter at
gas stations nationwide starting Monday, including 200 stations that
will sell premium fuel at the equivalent of 50 U.S. cents a liter,
Maduro said. Gasoline will be limited to 120 liters (30 gallons) per
month for each vehicle.

Sounds reasonable. Wish braZil's right winger Bosta-asno would
follow his example. Over 80 cents a liter here, for a
diesel/gasoline/alcohol/water mix that makes corner mechanics happy.
Most braZilians can't afford 120 liters a month ....
[]'s