PRICE AT THE PUMP - 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.
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