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Next stop...Venezuela
[FONT='Arial','sans-serif']"Gasoline costs roughly the same to make no matter where in the world it's produced, according to John Felmy, chief economist for the American Petroleum Institute. The difference in retail costs, he said, is that some governments subsidize gas while others tax it heavily.[/FONT]
[FONT='Arial','sans-serif']In many oil producing nations gas is absurdly cheap. In [/FONT][FONT='Arial','sans-serif']Venezuela[/FONT][FONT='Arial','sans-serif'] it's 12 cents a gallon. In [/FONT][FONT='Arial','sans-serif']Saudi Arabia[/FONT][FONT='Arial','sans-serif'] it's 45.[/FONT]
[FONT='Arial','sans-serif']The governments there forego the money from selling that oil on the [/FONT][FONT='Arial','sans-serif']open market[/FONT][FONT='Arial','sans-serif'] - instead using the money to make their people happy and encourage their nations' development."[/FONT]
I am going to look into retiring and fishing off venezuela in a big ass boat....SERIOUSLY.
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