As soon as the inevitable collapse of Citgo occurs, the ruling drug cartel in Venezuela will inevitably enter it’s remaining part. At present, Venezuela is unable to refine oil into gasoline, so in flip it’s bought from Citgo and all however given away for home consumption. This has given rise to an unlimited community of gasoline smuggling, typically by the army itself, which steals the gasoline in transit then sells it in different nations for an enormous revenue whereas remaining nicely beneath the market value. Gasoline is so low-cost in Venezuela, one can buy round 875,000 gallons of 87 octane for $ 1….
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