Today's installment is that the Chavistas, led by that stout fighter for the rights of the masses Nicolas Maduro, have managed to create a shortage of gasoline in the country with the world's largest oil reserves. Venezuela spends rather a lot of money in order to pump up the crude oil. Thus they actually have to buy gasoline out there on the world market. For which, obviously, they pay the world price. The entire process is just the world's second worst set of economic policies being implemented.

Source: Forbes March 24, 2017 14:15 UTC