Thursday, January 4, 2018

Venezuela Has Run Out Of Gasoline

Widespread gas shortages have brought Venezuela to a standstill (Radio Fe y Alegria).

OilPrice.com/Mining.com: Oil-Rich Venezuela Is Out Of Gasoline

After lining up for an entire day to get a plane ticket to visit her relatives in the western city of Mérida, Josefina García did not know if she and her octogenarian mother were going to reach their final destination on time for Christmas.

The airport is located 76 kilometers away from the city and when they tried to book a cab in advance to take them to the place where they were going to stay, the taxi company said they could not make bookings because there is a shortage of gas and management did not know if they were going to have enough fuel on the day of Josefina’s arrival.

Once they landed, the 61-year-old and her mother found a cab that had enough gas to take them to a certain part of the city where a cousin would pick them up. In the meantime, another cousin was lining up for gas. He was able to fill his sedan’s tank after waiting for more than six hours.

Read more ....

WNU Editor: This is so typical of a socialist state-run society. The product (in this case gas) is super cheap .... the problem is that it is next to impossible to buy it. I experienced the same thing growing up in the former Soviet Union .... bought the T-shirt and wore it .... and I (and so many others who lived in that type of hell-hole) .... are grateful that we live in a market-dominate economy, and not a state-planned one. As for those who live in Venezuela .... I know exactly what you guys are going through.

3 comments:

  1. "If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand." Milton Friedman

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  2. Caecus,

    Milton Friedman was probably the best economist that has ever lived, While I am not familiar with the statement, this does sound like something he would have said or written.

    Editor,

    While I have never had the misfortune of living in something like what you have lived in, I was fortunate enough to know many growing up who did. They pretty much educated me vicariously on this. As such, I never "bought the t shirt" per say and never wanted to after the horrors were explained by those who experienced them first hand. For those who have no direct or indirect experience either directly or indirectly with such things, I can see why someone might find them attractive.

    Perhaps this is the real reason the elites have such an irrational hatred for Russia. Russians and their leadership appear to have rejected the concept of the state-planned economy. To many in the "west" who looked on with envy at the Soviet Union, Russia perhaps can NEVER be forgiven for rejecting this model. As you've stated, your father told you that there are more communists in the west than in the Soviet Union. The people I knew from the Soviet Union and eastern Europe during Soviet days essentially told me the same thing.

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  3. Could not have said it any better B. Poster.

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