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Home From the Wires Gas remains 4 pennies a gallon in Venezuela

Gas remains 4 pennies a gallon in Venezuela

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Thursday, March 07, 2013
CNN.com: There are many uncertainties surrounding Hugo Chavez's successor in Venezuela, but the price of gas will remain just a few cents a gallon.

Thanks to generous subsidies, the Venezuelan people pay an absurdly low price for gas. The average price for a gallon of regular at the end of January was four U.S. cents, according to the research firm Airinc.

 

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