Thursday March 30, 2023
  • Venezuela
  • Mexico
  • Colombia
  • Chile
  • Brazil
  • Argentina
  • Podcast
Versión Español
PanAm Post
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact
No Result
View All Result
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact
No Result
View All Result
PanAm Post
No Result
View All Result

Home » Venezuela, Once the World’s Largest Oil Producer, Now Rationing Gas amid Shortage

Venezuela, Once the World’s Largest Oil Producer, Now Rationing Gas amid Shortage

Orlando Avendaño by Orlando Avendaño
December 26, 2017
in Economics, Featured, News Brief, Policy, Politics, South America, Venezuela
FacebookTwitterTelegramWhatsapp

(PDVSA)

EspañolVenezuela has the largest oil reserves in the world. For many years, the country’s state oil company PDVSA was the country’s biggest producer. The country has been forced to ration gasoline in several states this December. Suppliers are only permitted to sell 30 liters per vehicle.

RelatedArticles

The new socialist supremacisms: a maoist cultural revolution undermines the US

The new socialist supremacisms: a maoist cultural revolution undermines the US

August 21, 2021
GETTR: the powerful weapon of Trump and international right wing

GETTR: the powerful weapon of Trump and international right wing

July 13, 2021

“All sedan-type vehicles (will receive) up to 30 liters, for pick up, and for category-350 trucks, the supply is regulated to up to 35 liters at a time, except for those that transport food and perishable goods and medicine,” a statement from the Director of the Barinas Regional Directorate of the Ministry of Petroleum, Luis Alberto Osuña, said.

For several days, a critical gasoline shortage has affected a large portion of the country. Service stations are closing due to a lack of fuel, while lines stretch on for miles in front of gas stations.

The situation has seriously affected Christmas in Venezuela. Thousands of people couldn’t travel this year due to the fuel crisis. Others took the risk anyway despite the possibility of running out of fuel before reaching their destination.

The lack of gasoline in the oil-producing country has also created a kind of black market. In the most effected states, fuel is often sold illegally. Some users have had to pay up to around 83 percent more than the market value: what is sold in a gas station for 300 bolivars could cost up to 250,000 bolivars.

  • Read More: The “Opposition” Killed the Protests. Is There Hope for Venezuela?
  • Read More: Maduro Narco-nephews Lose Appeal in the US

PDVSA has been the main oil producer for Venezuela for many years but corruption and a lack of investors has slowly destroyed the company.

Long lines form at gas stations, and they did not stop on Christmas. Some stations opened on December 24th, forcing many Venezuelans to spend the entire holiday waiting in line for gasoline.

En un país petrolero y con un gobierno que dice que son una potencia, alguien me puede explicar porque regulan a 30 litros de gasolina por auto? ¿cuando van a regular la cantidad de inhalaciones de aire al día? Socialismo=Miseria

— Jose Noriega (@ilprofe) December 25, 2017

Tweet: If we are in an oil producing country and the authorities claim we are a super power, can someone explain to me why there is a 30 liter ration limit? How long before they ration how much air we can breath in a day? Socialism = misery. 

Hoy 25 de Diciembre de 2017, Día de Pascuas, Hacuendo Cola Para Poner Gasolina en Barinas y Solo Surten 30 Lts/Carro, Tácito Reconocimiento Oficial De La Escasez De Combustibles En Un País Petrolero Como Venezuela. pic.twitter.com/KejutcHvl3

— Manuel Cipriano H. (@ManuelCipriano) December 25, 2017

Today, December 25, 2017, a holiday, waiting in line at a gas station in Barinas, and they only give you 30 liters per car, in a way officially acknowledging an oil shortage in an an oil-producing country such as Venezuela. 

Orlando Avendaño

Orlando Avendaño

Orlando Avendaño is Editor-in-Chief at The PanAm Post. A columnist from Venezuela. He studied journalism at the Andrés Bello Catholic University. He is the author of «Días de sumisión: cómo el sistema democrático venezolano perdió la batalla contra Fidel».

Related Posts

The new socialist supremacisms: a maoist cultural revolution undermines the US
Columnists

The new socialist supremacisms: a maoist cultural revolution undermines the US

August 21, 2021
GETTR: the powerful weapon of Trump and international right wing
United States

GETTR: the powerful weapon of Trump and international right wing

July 13, 2021
News

Maduro’s Trial Falls Behind Despite Coordination Between Interim Government and ICC

June 15, 2021
Three Signs That Elon Musk Has the World at His Fingertips
News

15 Republicans Who Voted Against Trump Are Already Facing the Consequences

February 1, 2021
Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes
Asia

Chinese Regime Silences Relatives of COVID-19 Fatalities During WHO Visit

January 29, 2021
Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes
Analysis

Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes

January 29, 2021
Next Post
Yes, Even 2017 Was an Amazing Year for Human Progress

Yes, Even 2017 Was an Amazing Year for Human Progress

Subscribe free and never miss another breaking story

  • Venezuela
  • Mexico
  • Colombia
  • Chile
  • Brazil
  • Argentina
  • Podcast

© 2020 PanAm Post - Design & Develop by NEW DREAM GLOBAL CORP. - Privacy policy

No Result
View All Result
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact

© 2020 PanAm Post - Design & Develop by NEW DREAM GLOBAL CORP. - Privacy policy

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Privacy and Cookie Policy.