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RE: Socialism in Venezuela: Why is gasoline so cheap? 9510 gallons of gasoline for $ 1 !!!
that shit is crazy. They could calculate their cost of production and distribution of gasoline and peg the price to that but that would take someone willing to do that. The best way is through free markets and competition.
The problem is that inflation is constantly rising, and if they raise the price of gasoline at a very high rate, it could have political repercussions for them.
I hope something does soon.