Venezuela in Dilemma Over Hiking World’s Cheapest Fuel

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Reuters CARACAS— President Nicolas Maduro is mulling a politically risky move to raise highly-subsidized gasoline prices in Venezuela for the first time in 17 years, but he may be put off for now by fears of a social backlash. With 95 octane gas on sale for less than two U.S. cents a liter, most motorists can fill up for under $1. That’s less than a small bottle of drinking water. Pump attendants often end up with a bigger tip than the cost of the fuel. Subsidizing the world’s cheapest gasoline costs the South American OPEC member about $12.5 billion a year, the government says. With its…

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Rihanna Goes High-Fashion Grandma For 'Tush' - MTV.com


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Rihanna Goes High-Fashion Grandma For 'Tush'
MTV.com
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