José Guerra, a member of Venezuela’s National Assembly, lamented in an interview highlighted by Venezuelan outlet Dólar Today on Tuesday that “no solution” exists to Venezuela’s chronic gasoline shortages because socialist mismanagement has destroyed the nation’s refineries.
Venezuela has experienced chronic gasoline shortages for months, resulting in large crowds gathering to fight over the little fuel available in major cities despite strict Chinese coronavirus lockdowns. Violence in the crowds is not uncommon, on some occasions leading to killings.
The shortages — adding to Venezuelans failing to receive adequate access to water, electricity, food, health care, and other basic needs — are particularly striking given that Venezuela was home to the world’s largest known oil reserves until a 2018 oil discovery in Texas. Venezuela is a member nation of the Organization of the Petroleum-Exporting Countries (OPEC).
Venezuela’s crude oil is of a notoriously heavy quality, however, needing significant refining, and cannot