CARACAS, Venezuela (AP) – Motorists in socialist Venezuela have long enjoyed the world’s cheapest gasoline, with fuel so heavily subsidized that a full tank these days costs a tiny fraction of a U.S. penny. But the economy is in such shambles that drivers are now paying for fill-ups with a little food, a candy bar or just a cigarette.
Bartering at the pump has taken off as hyperinflation makes Venezuela’s paper currency, the bolivar, hard to find and renders some denominations all but worthless, so that nobody will accept them.
Without cash in their wallets, drivers often hand gas station attendants a bag of rice, cooking oil or whatever is within reach.
“You can pay with a cigarette,” said Orlando Molina, filling up his subcompact Ford Ka in Caracas. “Heck, it’s no secret to anyone that it goes for nothing.”
Gas is so dirt-cheap that station attendants don’t even know the price. Emptyhanded drivers get waved through, paying nothing at all.