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Venezuela nears end of the road for gasoline subsidy

2014-01-27 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: Gasoline is so dirt-cheap in Venezuela that the comparison undervalues dirt. Or, for that matter, almost any thing else Venezuelan drivers can think of. "It's cheaper than water," said one motorist, pointing out that bottled water costs far more than the 95-octane gasoline gushing into his Ford Explorer. "Cheaper than air," said the driver of a Chevy Tahoe, after paying more to fill a tyre than the tank. "The cheapest in the world," a third sport utility vehicle (SUV) owner boasted. "We could...

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