Correct, a very good analysis that you do, but as I said, the company worked relatively well in the past, the current problem is that since there is a lot of inflation but since prices remain frozen, the subsidy is increasing.

Something that I did not mention, was that even though the company subsidizes all this, it still obtains very high income, so most of the profits that are received for the exports of oil, gas, and all its derivatives, are used for all those things you described, such as "stupid infrastructure to buy votes and then raise prices" projects and other direct subsidies.

Years ago, before the monopoly was formed, in Venezuela there were many oil companies 12 or 15 of them, then the monopoly was not necessary, the price of gasoline was low, of course not as much as now, but people could afford it. But I think that as long as it continues to be a monopoly, you can never find a real market price.

A new Mercedes? It does not sound like a bad idea.