Venezuela in 2012 became a net importer of gasoline as a result of escalating problems at its refineries and increasing demand for fuel in its internal market, joining a growing list of countries that struggle with fuel supplies despite ample oil reserves. Read full article
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Disclaimer & comment rulesThe company’s 2013 targets show crude and fuel exports dropping by 8% this year.
May 14th, 2013 - 11:44 pm - Link - Report abuse 0That's ok, Uruguay has been offered the slow-selling high sulphur Diesel with a 'guaranteed' supply.
The price for scarce gasoline and low-sulphur Diesel is much higher, though.
As 'Stevie' suggests though, Hydrogen would be a better option.
That might depress oil prices further, though.
Hmmmm.
Oh for sure, Hugo did great things for his country! Just look at 'em.
May 15th, 2013 - 02:47 am - Link - Report abuse 0I don't know why Sean Penn was the only gringo to see this.
Hang on. Wasn't it only the other day that Maduro said he had oil for a hundred years. Best way to always have oil for a hundred years is to be unable to get it out of the ground and refine it. Anyway, so Maduro is importing all this oil and selling it to Uruguay. Anyone want to bet on whether he sells it for the same price at which he bought it?
May 15th, 2013 - 12:30 pm - Link - Report abuse 0But no news on getting the refinery up and working again.
May 15th, 2013 - 07:56 pm - Link - Report abuse 0I wonder if the Castro brothers are sending some 'engineers' over: that will fcuk it up well and truly.
LOL!
May 18th, 2013 - 07:56 pm - Link - Report abuse 0I read that as Venezuela net importer of gasoline in 2012 because of annual refinery fire.
5 CJvR
May 18th, 2013 - 09:37 pm - Link - Report abuse 0So!
It might come true yet!
LOLs
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