Monday, 1 June 2020

With cheap gasoline scarce, Venezuelans can buy at a premium

With cheap gasoline scarce, Venezuelans can buy at a premiumPresident Nicolás Maduro said that starting Monday Venezuelans will be able to buy gasoline at international market prices, marking a historic break in the socialist country's practice of having the world's cheapest fuel. Across the nation, 200 filling stations will allow drivers to fuel up for the equivalent of 50 cents a liter, or $1.90 a gallon. Venezuelans will also be able to buy a limited amount of subsidized gasoline each month, paying 2.5 cents a liter, or 9 cents a gallon.




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