http://www.nytimes.com/2007/10/30/world/americas/30venezuela.html

"Motorists in the United States smarting from rising gasoline prices, take
note: Mr. Taurisano pays the equivalent of $1.50 to fill his Hummer's tank.
Thanks to a decades-old subsidy that has proven devilishly complex to undo,
gasoline in Venezuela costs about 7 cents a gallon compared with an average
$2.86 a gallon in the United States."

7 cents per gallon = US 1.85 cents per litre.

BUT! "Economists estimate that it costs the government of President Hugo
Chávez more than $9 billion a year."

AND! "Newspapers have been filled recently with tales of consumers
struggling to find milk. Last month, eggs were scarce."

HR