The coming gas crisis... In Venezuela?

The ass-clown commie is striking again - Huggie Bear Chavez is nationalizing fuel distribution... So in Caracas you'll spend a mere twelve cents a gallon for gas, if you can find it:

The law gives distributors 60 days to negotiate the sale of their businesses to the government or face expropriation. It also forces distributors to sell storage tanks and gasoline pumps to Petróleos de Venezuela and to relinquish their brand names.

Congressman Luis Tascón, a former Chávez ally, said the pending legislation could cause shortages at gas stations because the government is not prepared to take full control over distribution.

The Chávez government has never raised gasoline prices and Chávez has ruled out any increase in the fixed pump price of around 12 U.S. cents per gallon, the cheapest in the world. Wholesale fuel distribution in Venezuela generally offers limited profitability because of the combination of fixed prices and high inflation.

"I'm warning the population that if this law is approved, we are going to see shortages in the short term," said Tascón, one of a handful of lawmakers who voted against the bill.

RTWT

Because you can't build Commie stuff...

without cement...:

CARACAS, Venezuela (AP) -- Mexico urged Venezuela to negotiate with its cement producer Cemex SAB on Tuesday after the Venezuelan government seized control of its cement plants saying no deal could be reached on the terms of a nationalization ordered by President Hugo Chavez.

Mexico's Foreign Ministry said its ambassador to Caracas delivered the message to Chavez's government after Venezuelan officials backed by National Guard troops took control of Cemex plants across the country late Monday.

Ambassador Mario Chacon urged the Venezuelan government to continue negotiations with Cemex under "the principles of dialogue, nondiscriminatory treatment ... and in agreement with the applicable legal standards," the Mexican Foreign Ministry said.

Hugo says: "We've nationalized the cement industries," Chavez said. "It was time."

I guess that means former Soviet Union architects are on their way.


As the proprietor at Little Green Footballs says, "Imagine my surprise".