2006-10-10 03:35:18 · 10 answers · asked by Anonymous in Politics & Government ➔ Politics
Many forget that Venezuela is part of OPEC. I would assume any Opec member's gas prices to be dirt cheap. The neo-cons plan to privitize Iraq's oil field is now bust, which was supposed to bring OPEC down. But OPEC got back at them in many more ways than one.
2006-10-10 04:42:59 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Benevolent dictator is the suited answer. For the solid of the folk, administration of the countries oil replaced into positioned decrease than the administration of a single government entity. This entity controls how lots oil leaves the country besides as how lots it costs human beings in Venezuela. 14 cents a gallon isn't a sustainable fee and until eventually Venezuela chooses to sell extra oil than they shop will quickly pass bankrupt. Venezuela is rapid turning out to be a very communist us of a. besides the indisputable fact that, don't be fooled into questioning if individuals allowed the government to regulate oil fees we'd could pay much less on the pump. quite, we'd have much less oil obtainable to us, and better fees could effect.
2016-10-16 01:03:47 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The main factor in price disparities between countries is government policy. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline.
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
2006-10-10 03:42:18 · answer #3 · answered by JRob 4 · 1⤊ 0⤋
That's an easy question. Since Venezuela has it's own oil reservers and actually produces more than it uses it is an abundant resources. Due to it's abundancy....they get it for a cheaper price. On the other hand, the US has to import oil from other countries and the tariffs and trading costs needed to bring the oil over here is added to the price at the pump.
2006-10-10 03:38:10 · answer #4 · answered by Jeffrey M 2 · 1⤊ 0⤋
Cuz it's very heavily subsidized so that "the people" won't riot over the fact that they're hungry and living in the dirt - just as it is in every other third-world kleptocracy that has an abundance of oil.
And if you think gasoline is "...almost $3.00 a gallon in the USA" you obviously haven't been out of the house in quite awhile.
But, then, I think that applies to about 85% of the posters on this "forum", don't you? :-))
2006-10-10 03:37:46 · answer #5 · answered by Walter Ridgeley 5 · 0⤊ 1⤋
The same reason it is around 6 dollars a gallon in most of europe
2006-10-10 03:36:41 · answer #6 · answered by Anonymous · 2⤊ 0⤋
As someone else already stated, it's for the same reason that gas is about $8 a gallon here in Germany!
2006-10-10 03:38:08 · answer #7 · answered by The_Cricket: Thinking Pink! 7 · 0⤊ 1⤋
You honestly think that if they charged 3.00 in Venezuela that they would pay it? Probably many reasons. Currency exchange, supply and demand...you know. All that economics stuff....
2006-10-10 03:37:49 · answer #8 · answered by Rae 4 · 0⤊ 1⤋
12 cents is the average daily wage rate there.
2006-10-10 03:37:02 · answer #9 · answered by El Pistolero Negra 5 · 0⤊ 1⤋
2 things - supply and demand & shipping costs.
2006-10-10 03:36:58 · answer #10 · answered by tucsondude 4 · 1⤊ 0⤋