Quote:
Originally Posted by freebeard
Wasn't Venezuela at 4 cents a gallon or something?
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I don't remember fuel prices in Venezuela, yet Hugo Chávez attempted a large CNG conversion program to decrease the demand for gasoline and Diesel fuel there and release a larger amount of those for export. CNG was supposed to be provided for free, as it's much harder to export (even though Malaysia exports LNG, which is turned back to the vapour phase at the destinations and fed into pipelines), and the conversions were fully subsidized.