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1-There is a connection between the super cheap gasoline that's been sold in Venezuela for decades and the cocaine industry that's a major pillar of the economy of Colombia. And it seems that finally the government of Venezuela is at least trying to get a handle on it.>
2-Gasoline is a necessary ingredient in turning the Coca leaf into cocaine. Now this predates the rise of President Chavez. It's been a serious political problem for Venezuela's government both old regime and new. You see gasoline that's cheaper than water it's hard to keep it>
Inside one country. And so an estimated 1/3 of Venezuela's petroleum that's refined into gasoline has been getting smuggled into Colombia. Of course given that the gasoline is almost free in Venezuela it comes into Columbia pretty cheap. This is probably why Columbia can export
