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Here comes the price hike. Ven VP for Economics says gas prices don't make any sense
http://www.maduradas.com/viene-aumento-ramirez-el-precio-de-la-gasolina-no-tiene-sentido-para-el-pais/“Ese precio no tiene sentido” y remarca “con el precio de la gasolina nos estamos quemando el futuro”.
Más información en: http://www.maduradas.com/viene-aumento-ramirez-el-precio-de-la-gasolina-no-tiene-sentido-para-el-pais/#ixzz30qWmxNLZ
Price is 1 cent US per litre at official exchange rate. He is correct however the gas price hike in 1989 under socialist Carlos Andres Perez resulting in rioting and scores of dead so the government is extremely cautious apparently in acting.
The same story repeating itself in Venezuela, a socialist government with a failed oil only policy.
