Imagine if your currency were devalued similar to Venezuela's and whether you would change your driving habits...

Petrol pump pain: Venezuelan gasoline prices jump 6,000%
RT News | Feb 18, 2016
http://on.rt.com/74tq

Gasoline will no longer be cheaper than water for Venezuelans after President Nicolas Maduro devalued the national currency and raised petrol prices 60-fold.

“I take responsibility for it,” said Maduro.

Caracas has hiked petrol prices for the first time in 20 years, as the oil-dependent Venezuelan economy is no longer able to subsidize its cost at the pumps, selling gasoline to its citizens for next to nothing

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Starting from February 18, the price of premium gasoline is going rise from 0.1 bolivars (less than 2 cents) a liter to 6 bolivars (87 cents) per liter; an increase of over 6,000 percent. The price for regular 91 octane gasoline is set to jump from 0.07 bolivars (1 cent) to 1 bolivar (14 cents) per liter, reports the Associated Press.

The government has also announced a devaluation of the bolivar against the US dollar. The official exchange rate used for basic consumer goods such as food and medicine is going devalue the national currency from 6.3 to 10 bolivars to the greenback.

At the same time the black market exchange rate in Venezuela has fallen below 1,000 bolivars per dollar. That explains why a beer in the country can cost 300 bolivars and a basket of strawberries fetches 800 bolivars.