Fuel Prices Around The World
What would you pay for a gallon of gas around the world? As you can see below, the price ranges from almost triple the US average across most of Northern Europe (due to fossil-fuel taxes and emerging carbon-cap regulation) to small fractions of the US average in many heavy-production countries (due to government subsidies for its citizens).
| Country | Price per US gallon | Percent of US average |
| Norway | $ 8.67 | 279% |
| Netherlands | $ 8.52 | 274% |
| Belgium | $ 8.36 | 270% |
| Germany | $ 8.06 | 260% |
| United Kingdom | $ 7.91 | 255% |
| Italy | $ 7.68 | 248% |
| France | $ 7.46 | 240% |
| Spain | $ 7.34 | 237% |
| Poland | $ 6.55 | 211% |
| Japan | $ 5.19 | 167% |
| Brazil** | $ 4.14 | 134% |
| United States | $ 3.10 | 100% |
| Russia | $ 3.03 | 98% |
| Kazakhstan | $ 2.73 | 88% |
| Mexico* | $ 2.46 | 79% |
| China | $ 2.27 | 73% |
| Nigeria | $ 2.23 | 72% |
| Saudi Arabia | $ 0.45 | 15% |
| Iran | $ 0.42 | 13% |
| Venezuela* | $ 0.11 | 4% |
* All prices from November 2007, except Mexico and Venezuela in August 2007
Tags: , gas prices
I believe Venezuela is the 3rd or 4th largest producer of oil, so they essentially give it away in their country.
It certainly appears that way. Perhaps we could simply look at the first few countries on the list and count our blessings.
When you see the prices of gas in other countries it almost makes me feel bad complaining about cost here.
That was sentiment exactly!
Atlas Rider wrote: I believe Venezuela is the 3rd or 4th largest producer of oil, so they essentially give it away in their country.
Norway is a huge producer of oil as well. The prices should of course be compared to an average middle class income, which is about $4.000-6.000 / month.
I wonder what the price per gallon would be if you removed all the taxes? The perception here in the USA is that European prices are higher due to higher taxes.
I wonder how Portugal compares. I know that we pay (I live in Macau, China. But still…) some of the highest prices in Europe. In fact, people who live close to the border to Spain usually just go to Spain to fill up their tanks.
Someone told me that if it takes €50 to fill up your car in Portugal it’ll only take you €40 in Spain.
The painful irony i that we seem to be the only country that when there’s a liberalization of the market prices go up. That’s exactly what happened with the Gasoline industry.
People pay $3.00 for a mocha and $2.00 for bottled water. Gas is cheaper for the work it actually does for us.
Good point!
[…] Here’s an interesting chart that shows gas prices from around the world. The U.S. is in about the middle of the pack. Venezuela is dirt cheap and Norway and the EU countries are very expensive. I’ll say this, from a brief review of the list, I’ll go ahead and pay for more expensive gas. You can see the chart here. […]
Its no wonder that Americans consume so much energy (and lead the world in pollution) Gas is relatively cheap compared to average income and creates a dependancy on comsumption. If the chinese population would have the spending power of americans the planet would soon be choking!