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Tired of sky high gas prices? Head to Venezuela.

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Tired of sky high gas prices? Head to Venezuela.

Postby VEFF on Tue Jun 08, 2004 8:58 pm

The wording "Sky high" in the subject of this thread is relative to historical prices in the US, since many Europeans pay a herck of a lot more than we do.

However, I was shocked to read that in Venezuela a gallon costs only 14 CENTS!
No other country even comes close!
http://money.cnn.com/pf/features/lists/global_gasprices/
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Re: Tired of sky high gas prices? Head to Venezuela.

Postby Shredder on Tue Jun 08, 2004 9:10 pm

VEFF wrote:No other country even comes close!


http://news.yahoo.com/news?tmpl=story&u=/ap/20040606/ap_on_bi_ge/iraq_cheap_gas_4

Cheaper in Iraq. Just 5 cents a gallon! :D
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Postby LoneWolf on Wed Jun 09, 2004 2:19 pm

I'm not surprised at all. Venezuela is a major, major member of OPEC (the largest in the Western Hemisphere)...and would be more so if there weren't major problems going on there in the past two years greatly reduced production for a time.
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Postby XXXXX on Wed Jun 09, 2004 4:45 pm

I suspect that the cost of flying to Venezuela would nullify the savings in gas prices for quite a few years. I also doubt they have the same per capita income we enjoy here in the USA....so it's all relative.
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Postby dodecahedron on Wed Jun 09, 2004 5:12 pm

XXXXX wrote: I also doubt they have the same per capita income we enjoy here in the USA....so it's all relative.

actually, i'm surprised an American would notice something trifling as that. :lol:
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