December 21, 2018

LATE-STAGE SOCIALISM: Gasoline Shortages Grip Venezuela’s Capital Ahead of Christmas.

Caracas awoke to shuttered service stations and long lines of vehicles as motorists tried to fill up their tanks before Venezuela’s extended-Christmas vacation kicks off. For the second consecutive day, honking messes of cars crawled along many of the city’s main arteries as residents thronged few remaining operational stations.

“I should be buying presents or helping to plan my sister’s wedding, but here I am stuck trying to gas-up since yesterday,” said Greiska Velasquez, a 23-year-old dentistry student, as her Chevrolet Aveo inched along a row of vehicles that stretched two blocks. “Nothing works here anymore, not even the gasoline.”

Sitting atop even more oil than Saudi Arabia, Venezuela has long sold the world’s cheapest gasoline, costing less than penny to fill up a tank.

The Chavistas bought votes by selling gasoline at below cost, and then ran out of gasoline — unexpectedly.

InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.