CARACAS, Venezuela, Jumada I 09, 1437, February 18, 2016, SPA -- Venezuela's government is raising gasoline prices sixtyfold, the first increase of any kind in more than 17 years as the country struggles with an economic collapse. Yet drivers will still be able to fill their tanks for pennies, according to AP. President Nicolas Maduro announced Wednesday that he was increasing the price of gas as part of a series of measures designed to help with the falling price of oil, which makes up 95 percent of Venezuela's export earnings. He raised the price of 95-octane gasoline from .097 bolivars a liter to 6 bolivars per liter, and 91-octane gasoline from 0.07 bolivars to 1 bolivar per liter. Maduro said the increased gasoline revenue will go to finance the government's social programs. --SPA 03:51 LOCAL TIME 00:51 GMT www.spa.gov.sa/w