He has plenty of oil.... but the major oil companies with the exception of PDVSA import
finished product from outside. With the existing exchange control regulations
non essential products, do not have a fast track for receiving usd therefore prices rise to the parallel rate and some products do not get imported.
Subsequently in these momements one finds the cheaper (only realitively petrol is cheaper than buying water
, but all oil even PDVSA basic oil is circa 10usd per litre and something like Rotella if available is $20usd per litre... in a boat supplier $30usd plus).
Paul...Kind as always, but up till quite recently all types were available here (albeit expensive) and it looks as if it will be quite a time before they come back.
PDVSA will have something,in the CA Cb range, but the engine
runs sweet as a nut and I would so like to to keep it that way.