Gas Smugglers Dodge the Law in Brazil and Venezuela

Brazilian and Venezuelan authorities say the smuggling racket began early in the decade, when oil prices began their climb to record levels. But the price gap between Venezuela and its much larger southern neighbor has been widened by the radically different energy policies the two countries have adopted. Full Story »

Posted by Autumn Carlson

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Ed Zingaro
4.2
by Ed Zingaro - Oct. 1, 2008

Brazil deserves credit for at least trying to become independent of foreign oil and reduce emissions at the same time. The story also demonstrates that when gasoline is cheap, people lose interest in getting away from it. In that regard, the Brazilian president is smart to wean his people.

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