Gas scarcity could turn Venezuela’s crisis to catastrophe - News Summed Up

Gas scarcity could turn Venezuela’s crisis to catastrophe


Doomsday predictions immediately followed — mostly fueled by Maduro’s opponents and U.S. officials — that Venezuela’s domestic gasoline supplies would last no more than a week or so. That hasn’t happened yet, but more misery is feared as expected shortages have economic implications far beyond longer gas lines, turning Venezuela’s crisis to a catastrophe. Just two of Maracaibo’s 150 gas stations have generators to provide gas during rampant blackouts. The metropolitan area of 7 million people has so far been immune to frustrating gas lines. “I imagine it’ll go beyond gasoline shortages to food and medicine — even worse than we have it now.” ___ Smith reported from Caracas, Venezuela.


Source: thestar March 06, 2019 19:58 UTC



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