Gasoline Prices — countries paying the highest and lowest per gallon

I thought that gas prices were trending down….yeah, right.  Is it ever going to go down?

Gas Arm Leg Both sign at Moss Landing Antique Fair

Gas Arm Leg Both sign spotted at Moss Landing Antique Faire last year

Below is an example of gasoline price this week in the Monterey Bay area, California…

Monterey County California Gas Prices rd

I was curious to know how American gas prices compared to the rest of the world and found an interesting Bloomberg.com article on Highest and Cheapest Gas Prices by Country.

Note: The article is based on gas prices from Jan. 3 to 18, 2013 of select countries with a minimum income of $3.50 a day per person.

It  turns out, the top 5 highest price per gallon countries are more than DOUBLE what we pay here in the United States.  The top five:

  1. Turkey – $9.89 per gallon
  2. Norway $9.63 per gallon (and the only large oil-producing country with high gas cost, as they use oil profits for services to the population, e.g., free college for citizens)
  3. Netherlands – $9.09 per gallon (it is interesting that the Dutch has the most bicycles per capita in the world)
  4. Italy – $8.87 per gallon (it cost the same for Italians to fill up their tanks each week as it does to buy a weeks worth of food)
  5. Portugal – $8.82 per gallon (64% of this price goes towards taxes, which went up over 10 years ago to help protect the environment)

And the 5 countries that pay the least per gallon of gasoline?

  1. Venezuela – $0.06 per gallon, where according to the article, “the cost of filling up the 39-gallon tank of a Chevrolet Suburban in Venezuela is $2.34, compared with $128.31 in the U.S. and $385.71 in Turkey”.
  2. Saudi Arabia – $0.45 per gallon
  3. Kuwait – $0.81 per gallon
  4. Egypt – $1.14 per gallon
  5. United Arab Emirates – $1.77 per gallon

So…compared to Venezuela and Saudi Arabia…heck yeah we are paying a lot, but compared to Turkey and Italy, hello(!) it turns out that gas is quite cheap here in the U.S.

Then again, from a conservation and climate change standpoint, do you think gasoline should cost even more here — and everywhere else — to force us to conserve our resources and further reduce emissions (cars emit greenhouse gasses like carbon dioxide, which contribute to global warming).

I do wonder if a transition to alternative energy sources is happening way too slow, or worse, too late for our planet’s global warming problems?

If you are interested in seeing gasoline cost in countries like the Philippines, Canada, the United States and how 57 others rank, click here…

What is the gas pricing like where you live?  Too high, or too cheap in your opinion….

2 thoughts on “Gasoline Prices — countries paying the highest and lowest per gallon

  1. Pingback: America’s Oil Boom | Lola Jane's World

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Now that you are here, I would love to know what you think...comments are always appreciated.