Fill'er up: President Hugo Chavez holds down gasoline prices, creating a black market and costing his government billions.
Latin Trade - Vol. 12 Nbr. 7, July 2004
Ceasar, Mike
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Fill'er up: President Hugo Chavez holds down gasoline prices, creating a black market and costing his government billions.
Until recently, Lervis Rolando drove a car bomb--but he's no terrorist. Rolando had modified his aging Ford Maverick to carry 215 liters of gasoline and drove it back and forth across the border, selling cheap Venezuelan gasoline in Colombia. Then the Venezuelan National Guard seized his car.
A government crackdown has put a damper on a thriving smuggling industry, estimated at between 18,000 and 50,000 ...Try vLex for FREE for 3 days
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