In Venezuela, The Only Way to Cheap Gas Is Through Big Brother

  • Venezuela to charge some motorists ‘international prices’
  • Another measure aimed at shoring up the collapsing economy

People display their Card of the Fatherland

Photographer: Manaure Quintero/Bloomberg
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Carlos Ribas put it off as long as he could. He had no interest in the government handouts, the holiday cash bonuses, the dirt-cheap groceries, the discounted medical care, none of it.

Then President Nicolas Maduro declared that Venezuela’s extraordinary subsidies for gasoline and motor oil will soon be available only to holders of the Carnet de la Patria -- the Card of the Fatherland. Everyone else will pay “international prices” for what has long been the cheapest petroleum in the world, so cheap it’s essentially free.