Interesting Read RE: Petrol Costs

[Caddy101]

How come so cheap in venezuela?

Cant S.A just buy from them?:fencelook:

+1
:fencelook:

At R0.11 per litre... + shipping costs + duties and taxes + whatever else...

Surely we'll still come to less than R13.89

 

[GPGrobler]

The research says then that we are paying too much for petrol, because we have to buy petrol instead of being able to spend it on a date with a Venezuelan hottie :rollsmile:

 

[Jeremy]

Venezuela it is...

 

[Rishie Rish]

Hot women pulling tourism which decreases fuel price

:roflol::roflol::roflol:


Ok back to topic, lucky we not in Germany :fencelook:

 

[momo1]

I still refuse to believe the Venezuela R0.11c!!!

 

[Dewald Basson]

Bloomberg Visual data display

Check out the link.

 

[Naruto]

Mr A, count in your list of people going to Venezuela.
I hope they have proper V8s that side, cause at that price I'm only driving V8 and up :rollsmile:

 

[Gilbert]

I remember reading that the quality of petrol in Venezuela isn't great.

 

[Dhp507]

cost to manufacture in SA at the refinery is in the region of 2.00 delivered to the pumps ........then its dealer margins around R4 and taxes an levies etc that make up 50% ...............so there you have it

Then our bright ppl here decided that all fuel should be marketed the same......to give the foreign companies a level playing field...........otherwise we could have been supporting SASOL at dirt cheap prices

 

[AdiS]

Venezuela has huge oil reserves, and the price is so cheap becuase the government subsidizes the price.. It's not sustainable though ..