
Experts agree that subsidies in fuels generates losses.
On 22th August 2014, a seminar on oil policy proposals titled “Oil Policy and Fuel Subsidies” was held at IESA´s Völlmer Auditorium. The lecturers were Francisco Monaldi, Director of the International Energy and Environment Center (IESA) and Visiting Professor at Harvard University, and researcher José Ramón Morales (CID, Harvard University).