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Gas scarcity could turn Venezuela's crisis to catastrophe


MARACAIBO
AP
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the White House
entering.“The Venezuelan opposition
Wood Mackenzie
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now.”___Smith
Associated Press


Marin Mendez
Nicolas Maduro
Juan Guaido
Diego Moya-Ocampos
Hugo Chavez
Ixchel Castro
Russ Dallen
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Maracaibo
Jhaims Bastidas
Clbyburn Saint John
Scott Smith


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Maracaibo —

Positivity     44.00%   
   Negativity   56.00%
The New York Times
SOURCE: https://apnews.com/0ddc76508665478680808868facac82e
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Summary

Waiting hours to fill up, he says, is the high cost he pays for gasoline that’s nearly free in socialist Venezuela.“You line up to get your pension, line up to buy food, line up to pump your gas,” an exasperated Mendez said after 40 minutes of waiting in the sweltering heat in Maracaibo — ironically the center of the country’s oil industry — and expecting to be there hours or days more. But gas is already hard to get in Maracaibo and other cities along the Colombian border, where smugglers sneak Venezuela’s dirt-cheap fuel into the neighboring country, selling it at international prices for a quick profit.Ixchel Castro, a Mexico City-based analyst at the Wood Mackenzie energy research firm, said Venezuela’s domestic gasoline supply has been down by as much as 15 percent in recent years as the country’s refineries and infrastructure fail — a trend that is expected to accelerate.PDVSA provided 160,000 barrels a day for domestic use last year, but with the U.S. sanctions and ongoing infrastructure challenges, that supply can be expected to fall to 60,000 barrels a day, she said, meeting just 38 percent of the country’s needs.Exacerbating the problem are shortages of diluent, a critical product needed to thin Venezuela’s tar-like heavy crude so it can be piped over 100 miles (160 kilometers) from the field to be turned into gasoline.

As said here by SCOTT SMITH and SHEYLA URDANETA