Gas prices to spike in Venezuela to fight smugglers, Maduro says
CARACAS - Associated Press
It’s part of Maduro’s plan to overhaul an imploding economy, in which inflation is expected to top 1 million percent this year.
Filling up a tank of gas in socialist Venezuela today costs less than one U.S. cent.
Maduro says Venezuelans showing their government-issued identification card at the pump will still be able to buy subsidized gasoline.
He gave few other details of the planned changes.
Many Venezuelans who oppose Maduro’s government refuse the identification card.