Gas/Petrol in Venezuela costs $.16/Gallon!

That’s even cheaper than the mid eastern countries. You get a full tank of gas for ~$5 for an average car.

How much does petrol cost in Pakistani now? 35 Ruppees/Liter?

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

^^ That's because Venezuela does not need to import oil. They have their own reserves.

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

yeah - keep on dreamin - Rs 35/lit

its damned 45/litre - thats USD 3.1/gallon,

most cars here run on methane compressed to 3000 psi - it gives a relief of about 35% in travelling expenses.

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

Why is oil so expensive in Pakistan? Doesn't Saudi Arabia supply oil for free?

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

and why would they supply oil for free?

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

…because they do.

Look in the “Agriculture and Natural Resources” section

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

i think saudi stopped it after the US media spread tales that free oil for pak was in exchange for nuclear knowhow.

Re: Gas/Petrol in Venezuela costs $.16/Gallon!

AishaA, that was the case till July last year, thanks to some real Pakistanis this is not the case now. It was known as the $2 billion Annual Oil grant.

Pakistan received oil from the Saudi govt worth $2 billion annually free of cost starting in December 1998 as a goodwill gesture, since Pakistan was slammed with sanctions for becoming a nuclear power. But now Pakistan has to pay upfront for any such oil from Saudi arabia.

The Saudi stopped the grant due to some IMF and World bank issues.