Tuesday, August 14, 2018

Getting Gas in Venezuela

To combat smuggling, Nicolás Maduro announced a change in subsidized gasoline prices. If you have the "we intentionally want this to sound like Orwell" Fatherland ID, then you can get the low price for "about" two years (which really means whatever amount of time the government wants, though Maduro claims the problem will be solved within that time). If you do not have the ID, you pay market price, which is considerably higher.

This is intended to hurt the opposition, since many people do not want to get a creepy-sounding and personal information collecting Fatherland ID so avoid it, which now would mean paying more. How it affects smugglers is unclear, because they don't mind getting the ID if it means making a ton of money selling cheap gasoline in Colombia. I suppose the government will now know who is getting gas, but it won't know what they're doing with it once they get it.

The most likely outcome is that this will be a mess.

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