Oil-Rich Venezuela Suffers From Energy Crisis

As the great countermoonbat Milton Friedman observed,

“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.”

What would happen if you put a socialist of similar stripe in charge of Venezuela, a founding member of OPEC that is floating on oil? Naturally, the result would be an energy shortage:

Venezuela will ration power again this year, planning steps similar to those taken in 2010 amid an energy crisis, Electricity Minister Ali Rodriguez said.

Trending: The 15 Best Conservative News Sites On The Internet

“We’re going to reapply the measures we applied in Caracas last year nationwide, which punishes the wasting of electricity and encourages energy savings,” Rodriguez said in an interview on state television….

The USA also has massive fossil fuel reserves. But unless we overthrow our leftist kakistocracy, this won’t do us any good.

obama chavez
Under collectivists, count on a shortage of everything but tyranny.

On a tip from AC. Cross-posted at Moonbattery.

You Might Like

Leave a Comment

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.

Share this!

Enjoy reading? Share it with your friends!

Send this to a friend