That's the price of diesel in Venezuela - the cheapest we encountered on the trek through South America in 2009! The price is STILL the same! This years' lowest price on the Trek of the Americas Route (traveling in RV from USA to the tip of Argentina) was in Ecaudor, and the diesel price per US Gallon was $ 1.01 . The highest was in Uruguay, being just over $5.00 per US gallon!
In July, 2011 when departing from McAllen, Texas the diesel fuel was at $3.10 per gallon, just across the border in Mexico, it was about $2.60+, and was the same throughout the country, except in the border areas with the US/Guatemala, there was a slight difference.
Traveling southbound from Mexico, through Central America, fuel usually remained about 10 to 25% higher than the US prices. Costa Rica was the highest priced in Central America, with Panama the lowest.
In South America, along the Pan Am Route, Equador was our cheapest fillups, at $ 1.01 per US gallon. We do not travel to Venezuela. The quality of the fuel was excellent throughout the trek, and upon checking and changing fuel filter in Chile, the old one was very clean! I may add that I have previously found much more deposits in my used filters from the US diesel fuel.
It is very important to use the road log guide for fueling stops - we did not fuel at just any station. Fuel was at the noted stations, mostly the high-volume ones catering to the trucks and cleanest appearing ones. Also we tried not to fuel in the low lying coastal areas, where water in fuel could possibly be a factor.
Overall- diesel fuel is not a problem in latin america travel. The gasoline is usually about 25% higher, and is good quality , except in Brazil, where you must add additives most of the time. Brazilian gasoline has a very high content of sugar cane alcohol.
we here you, there is no shortage of fuel its just the price as long as they can raise the price. they will. some one on here said we export more oil than we import. in the end it all comes down to profit .
What you are seeing is a country taking care of themselves using their own fuel reserves. They can charge whatever they like since they own the oil. What they are NOT doing is buying oil on the open market as we must. Someone who owns a well gets very cheap water also.
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I was in Venezuela around 1990 and paid 17 cents a gallon - I recently read somewhere that the price is still about 17 cents a gallon - but could be 17 cents a litre? I think the Gov't owns the oil and V is/was in OPEC so they sell oil all over the world for profit but keep prices low for the people there - a politician who raises the price will not get reelected.
In Mexico the Gov't also owns the oil so they can have some control of the price. They also export a lot of oil. The USA gets most of our imported oil from Canada and then Mexico with about 25% from Canada and between 15% to 20% from Mexico. I read somewhere that about 45% of the Gov't budget in Mexico comes from oil - which means low property taxes and no sales tax for the people - probably low income tax too. Yes, I know what happened in 1938 - old news.
Gasoline in British Columbia, metro Vancouver is over $5 US Gal, Diesel is usually a little higher. Plan accordingly. Oh 5.5 cents of that is goofy carbon tax.
Canada produces more oil than it uses but for some reason a gallon of gas produced in Alberta is cheaper in Texas than it is in Calgary.
Some countries in this position (like Venezuela) take care of their own citizens needs at a much reduced price (after all it is them who own the resources) before selling the excess off at world price. Not Canada.
How do they justify diesel being more expensive than gas? Diesel isn't refined as much as gas is. Plus it doesn't have a slew of additives like gas.
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crandle wrote: Canada produces more oil than it uses but for some reason a gallon of gas produced in Alberta is cheaper in Texas than it is in Calgary.
Some countries in this position (like Venezuela) take care of their own citizens needs at a much reduced price (after all it is them who own the resources) before selling the excess off at world price. Not Canada.
Perhaps you have never heard of the National Energy Program of 1980, which created a reduced domestic price for oil???? If you need any details, just ask any Albertan. It has been estimated by a number of different scholars that Alberta lost between $50 billion and $100 billion because of the NEP,and that the cost to the average Albertan was about $18,000.
Hopefully, no Canadian Government would EVER consider such a program again.
Like Michael Crichton found with diamonds. There is a vast conspiracy in place to keep the price supported. If it were made public knowledge how many hundreds of TONS of raw diamonds in the 1/4 - 1 carat size are being stored it would collapse the market.
Back in the early nineties I watched an interview with the most famous petrol-geologist the USSR has ever produced. The man referred to carefully laid out charts and maps and then launched into a tirade about conspiracies, collusion, graft and greed.
"At this time there is definitely between 1.5 and 1.8 quadrillion barrels of recoverable crude in Siberia, the Arctic regions of Siberia, and north America. It would not surprise me to hear of an equally large reserve of not economically feasible to recover at this time crude oil under ice in Greenland.
"They got me pinched way the hell back!" was the complaint of one oil well tycoon from the front porch of his Texas home. They year was 1972 and refiners were hooting and blowing that they could not find enough crude. The man took me on a guided tour.
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