The Venezuelan ideal

Danny Williams sorta likes the comparison to Hugo Chavez.

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."