Oil prices capped in Cuba, and he disappears: "We'll give you whatever you ask for."

Cubans are reporting on social media that the state is capping the price of oil in Cuba, and it is disappearing.

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"The government capped the price of oil a few days ago. It disappeared from stores, now it's bought secretly and at any price. A movie we've seen many times," he said in his speech. profile from Facebook the Uruguayan journalist based in Havana, Fernando Ravsberg.

The reporter said he was all over the capital this weekend looking for a bottle of oil and many said they were out of stock or were simply afraid to say they were selling on the black market, because in the stores in Freely Convertible Currency (MLC) are not found either.

"To buy a bottle of oil, I had to ask several friends, and then they asked other friends. We went in and out of several private homes. Some of them, frightened, told us it wasn't true they sold oil, while others told us they had run out," he added.
"Finally, a butcher told us about an old man who was secretly selling drugs out of his house, and we bought it there at the price they told us, without arguing. I felt like a junkie who'd lost his dealer and was searching for drugs in the nooks and crannies of the city," he added.
He is not the only one who supported the idea that the state initiative to cap oil prices in Cuba did more harm than good.
"It all depends on the owner. The people in my neighborhood raised the price of milk through the roof and didn't show it to you. If someone asked for it, they'd just take it out of hiding and hold your wallet. Only one store honored the agreed price, which caused that owner to sell everything quickly and run out of milk. Now it's arrived again, and they've set it back at the price agreed with the state—an exception to the rule," said another.
"The only thing that happens when they cap a price is that its value increases and it disappears from the market," another user opined in the comments by the aforementioned Havana-based journalist. And what's happening in your province? Has the oil disappeared too?
In some foreign currency stores, where you pay in cash in dollars, the price can be found at almost 4 US dollars.

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11 comments
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11 comments on "Oil prices top in Cuba, then disappears: 'We'll give you whatever you ask for.'"

  1. Of course it's the government's fault for not taking measures against the sellers. Marrero gave 90 days to eliminate this misnamed wholesale market, more like a market for opportunists and resellers, but I don't know how they gave it until September.
    It's time to put things in order. They tried to do this with Fidel several times and they immediately resolved it.
    That is not supply and demand, that is abuse of the population.

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  2. The root problem is the dual price of the dollar. The government has little or no availability, individuals buy expensive dollars on the street and invest with the importer (USD), and no one wants to lose their investment.

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  3. I'm not going to give my opinion because I'm sick of so many inventions, the state still has no solution to the problems and every time they come up with a new one it's so the people get more angry.

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  4. This is what happens when the price is capped. Weren't you demanding that the State cap it? Well, now there's none for anyone. If you want oil, go to the State stores and pay in dollars. This is what you deserve for protesting and being so envious. We'll bring in fewer and fewer stolen products, and if it's not profitable, we won't import it, and that's it.

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    • The inspectors don't want to put a stop to it; what they want is money, because a bottle of oil costs the same as everyone else. The entire inspection corps is corrupt.

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  5. Why do you want to know the opinion of the people if you publish what you want or what suits you, in addition you know how the prices of all the products are on the black market, if that is not done secretly because if you have any doubts about going to the güinera or the cuevita you have them and when those places are not open the resellers have them with an above price and that is how it is, this is a chain that grows more every day and is suffocating the citizens who live here and we cannot say anything because it is misinterpreted.

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  6. The oil is lost because the state has capped it, so they sell it off the shelf for 1000 or more. I don't know where we're going to end up, it's all so expensive.

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  7. This is going from bad to worse. Here in Cuba, there is no one who can live except for the business people who have a good income, but those who are there are dying of hunger. Recently, they put the price of rice at 155 and I bought it at 260. Here, everything is very expensive. Here in Mariano, where I live, you can't even buy a loaf of bread. The prices are too high. You can't live like this.

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    • That's the price of continuing to work for the State and living off a salary. Those who work will never have anything, neither here nor in China. Only those who invest and have financial education will have something in life. When they stop crying and do more, they will have more.

      Reply

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