Gas in Venezuela can be had for $0.14/gallon

[Kenazo]

So, if gas can be had for $.14/gallon why not charter a tanker ship and bring a bunch of it up here as a little side job. Is there regulations in place that would prevent this?

 

[hdeck]

or you could move to venezuela.

 

[Fullmetal Chocobo]

Because a tanker shipping gas is like a high drug dealer??

 

[FallenHero]

It is shipped up here. Who do you think supplies most of the US with its foreign oil?

 

[JS80]

your understanding of venezuela is fail

 

[CVSiN]

this price is as of may 2004....

and this is a REPOST

 

[Amplifier]

Here's a link on shipping from 1992.

Transportation costs account for a small percentage of the total cost of gasoline at the pump. For instance, the average cost of carrying oil between the Middle East and Europe was $1.30 a barrel in 1992, while the price of the oil barrel was around $20. Transportation costs thus account for about 5 to 10% of the added value of oil. Tanker ships can also be used as semi-permanent storage tanks. In 1990, about 5% of the world's tanker capacity was being used for oil storage.

So economically, buying gas for $.14 and selling it stateside for $2.00 would be profitable.

Now someone point out the regulations/taxes that make this impossible .

 

[maddogchen]

Sounds good. Lets INVADE!!!!

 

[Toasthead]

Originally posted by: JS80
your understanding of venezuela is fail

 

[JS80]

that's a heavily subsidized price from a socialist gov't

 

[GeneValgene]

Originally posted by: Toasthead

Originally posted by: JS80
your understanding of venezuela is fail

that's an understatement.

 

[Amplifier]

Originally posted by: JS80
that's a heavily subsidized price from a socialist gov't

k, that's what I figured.

 

[Kenazo]

Originally posted by: FallenHero
It is shipped up here. Who do you think supplies most of the US with its foreign oil?

Canada & Mexico.