Danny's ersatz oil and gas company executives like to talk about how much of the world's oil and gas is run by state-owned enterprises.
Well, here's another view of the Venezuelan model, courtesy of the Washington Post.
"This [artificially low gasoline price] is something that really does not benefit the public," said Eddie Ramírez, a former state oil company executive who believes poorer Venezuelans shoulder much of the burden because they do not own cars. "It helps the privileged. But it's a theme that has always been taboo."
