Global News Blog With world's cheapest gas, Venezuela eyes price hike

The last time motorists saw the price at the pump change was 1996, when the government raised the cost of gasoline to about 6 cents per gallon.

By , Correspondent

Carlos Garcia Rawlins/Reuters/File

Venezuela’s first gas price hike in 18 years could be coming as soon as mid-August, says our correspondent in Caracas.