www.kshitij.com/research/petrol.shtml
www.zoombak.com/community/autos/articles/44/
This chart shows the different prices around the world and how other countires also where affected as well of how high the prices where.
Americans have taken to complaining about gas prices on a regular basis, but according to Inc.com, it could be far worse. Many countries around the world pay much more for gas than we do in the United States, while a few pay significantly less. This disparity is largely influenced by government policy as well as trading agreements. For example, in London, residents are paying around $7.00 in gas prices as of 2007. That's more than $90.00 for a 13-gallon tank! You'll find that most areas of the U.K. are home to extraordinary gas prices, many times reaching more than $6.00 per gallon and climbing at fast rates. In fact, London experienced an increase of $1.50 in less than a month back in April of this year.
On the other end of the spectrum, you have countries like Dubai and Tehran where gas prices are under $1.00 a gallon. Many Middle-Eastern countries have tax-exempt gas privileges provided by their governments, which helps keep gas prices at a minimum.
Areas such as Hong Kong and Sydney, Australia have been hit even harder than Americans and are paying gas prices of over $5.00 per gallon. This is particularly painful in Hong Kong because traffic is terrible and residents are forced to pay to sit on highways that resemble parking lots, watching their gas gauges creep toward empty.
One of the cheapest areas of the world to find gas prices is Venezuela, whose gas costs only around $0.14 per gallon. Azerbaijan trails behind at $1.15 per gallon and Moscow is a quick jump to $1.43. Residents of Tokyo are paying around $4.50 and you can expect to incur gas prices of around $6.00 in Seoul.
Canadian gas prices are just a little bit higher than what you find in the U.S.; Toronto has reached about $3.06 and Vancouver is around $3.38. Surprisingly, Mexico City is much cheaper at $2.34. Cairo is only paying around $0.86.
According to the experts, high gas prices in the majority of the world are a result of what Inc.com calls the "Gas Fear Complex". The terrifying thought of running out of gasoline in the near future has served to spike gas prices worldwide, causing hardship among consumers while padding the pockets of oil companies.
The threat of terrorism is another contributing factor that encourages the increase in gas prices. When countries fear imminent attack, the government begins purchasing large quantities of oil, which increases the cost of gas for average citizens. This widespread panic is not expected to abate any time soon, so gas prices will probably continue to climb.
The good news is that fuel economy in American and Japanese cars is on the rise. In fact, it has improved by almost 10% since the 80s, which helps to marginally offset the cost of gas. The problem with this is that car prices have also increased, which means that the savings in fuel economy is not as ultimately helpful as it could be.
You'll also find that gas prices are related to the environmental concerns in a specific country or state, which is why Californians are paying more for gas than Texans. When the government imposes environmental regulations on its citizens and businesses, the price of oil increases exponentially.
So what's the moral of this story? If you aren't ready to move to the Middle East for lower gas prices, you'll need to find new ways to save money on gas. Traveling routes with little traffic and scheduling regular maintenance checks on your vehicle will help to increase fuel economy. It's also a good idea to purchase a smaller car rather than a truck or SUV.
The United States might be experiencing high gas prices, but those around the world can be far more expensive. If you're going to be traveling overseas, research the price of gas so you'll know what to expect when you pull up to the pump in your rental car.
www.zoombak.com/community/autos/articles/44/
This chart shows the different prices around the world and how other countires also where affected as well of how high the prices where.
| Country | $ per Gal. 2008 | `/ ltr | $ per Gal. 2009 | `/ ltr | $ per Gal. 2010 | `/ ltr | $ per Gal. 2011 | `/ ltr | % Deviation from India, 2011 |
| Saudi Arabia | 0.61 | 5.71 | -- | -- | -- | -- | 0.85 | 8.53 | -84% |
| UAE | 1.70 | 15.95 | 1.81 | 18.61 | -- | -- | 1.82 | 18.14 | -66% |
| Malaysia | 2.31 | 25.49 | -- | -- | 2.04 | 20.99 | 2.27 | 23.09 | -56% |
| Iran | -- | -- | -- | -- | 2.48 | 25.49 | 2.58 | 25.53 | -51% |
| Pakistan | 3.23 | 30.54 | -- | -- | 3.03 | 31.43 | 3.62 | 35.75 | -32% |
| USA | 1.69 | 17.57 | 2.40 | 25.59 | 2.55 | 26.25 | 3.70 | 36.58 | -30% |
| China | -- | -- | -- | -- | -- | -- | 3.77 | 37.31 | -29% |
| South Africa | 4.58 | 44.08 | 5.00 | 52.58 | -- | -- | 3.97 | 39.58 | -25% |
| SriLanka | 5.73 | 54.12 | -- | -- | 4.00 | 40.60 | 4.00 | 39.63 | -25% |
| Nairobi, Kenya | -- | -- | -- | -- | -- | -- | 4.54 | 45.55 | -13% |
| India | 4.88 | 50.65 | 4.59 | 48.24 | 4.92 | 52.53 | 5.27 | 52.61 | -- |
| Bulgaria | -- | -- | 5.34 | 54.79 | -- | -- | 5.71 | 57.29 | 9% |
| New Zealand | 3.03 | 32.28 | 3.04 | 34.16 | 5.87 | 58.91 | 5.77 | 57.36 | 9% |
| Poland | 8.15 | 77.35 | -- | -- | 5.38 | 54.97 | 6.27 | 62.48 | 19% |
| Spain | 4.73 | 50.07 | 6.02 | 63.14 | -- | -- | 6.48 | 64.58 | 23% |
| Switzerland | 7.56 | 66.44 | -- | -- | 4.58 | 46.72 | 6.58 | 65.57 | 25% |
| zCech Republic | 4.46 | 39.21 | -- | -- | 5.87 | 59.98 | 7.10 | 70.76 | 35% |
| Germany | 8.19 | 79.61 | -- | -- | 6.51 | 67.07 | 7.40 | 73.75 | 40% |
| France | -- | -- | 6.89 | 70.69 | -- | -- | 7.51 | 74.84 | 42% |
| Italy | 9.19 | 86.27 | -- | -- | 7.19 | 71.53 | 7.56 | 75.34 | 43% |
| Sweden | 8.13 | 76.29 | -- | -- | 6.40 | 65.39 | 7.61 | 75.84 | 44% |
| Finland | 8.00 | 77.74 | 6.81 | 69.87 | -- | -- | 7.76 | 77.33 | 47% |
| Denmark | 9.27 | 86.46 | -- | -- | 7.00 | 71.52 | 7.82 | 77.93 | 48% |
| UK | 8.81 | 83.03 | 4.85 | 51.45 | 7.38 | 72.78 | 8.54 | 85.02 | 62% |
| Norway | -- | -- | -- | -- | -- | -- | 9.00 | 90.30 | 72% |
| Turkey | -- | -- | -- | -- | 9.58 | 95.03 | 10.19 | 101.06 | 92% |
| Vietnam | -- | -- | -- | -- | 3.14 | 31.89 | |||
| Thailand | -- | -- | -- | -- | 3.52 | 36.44 | |||
| Canada | 2.62 | 26.59 | -- | -- | 3.69 | 35.99 | |||
| Australia | 2.54 | 27.06 | -- | -- | 4.32 | 43.84 | |||
| Singapore | 6.96 | 65.75 | -- | -- | 4.92 | 49.97 | |||
| Brazil | -- | -- | -- | 5.79 | 57.61 | ||||
| Qatar | 0.96 | 8.31 | -- | -- | -- | -- | |||
| Bahrain | 1.02 | 9.57 | -- | -- | -- | -- | |||
| South Korea | 3.69 | 39.25 | 5.49 | 58.54 | -- | -- | |||
| Lebanon | 3.90 | 36.82 | -- | -- | -- | -- | |||
| Japan | 4.50 | 39.65 | 5.19 | 53.62 | -- | -- | |||
| Kathmandu, Nepal | 4.85 | 42.20 | -- | -- | -- | -- | |||
| Holland | 8.85 | 85.96 | -- | -- | -- | -- | |||
| Egypt | -- | -- | 1.35 | 14.20 | -- | -- | |||
| Zimbabwe | -- | -- | 4.54 | 46.38 | -- | -- |
Americans have taken to complaining about gas prices on a regular basis, but according to Inc.com, it could be far worse. Many countries around the world pay much more for gas than we do in the United States, while a few pay significantly less. This disparity is largely influenced by government policy as well as trading agreements. For example, in London, residents are paying around $7.00 in gas prices as of 2007. That's more than $90.00 for a 13-gallon tank! You'll find that most areas of the U.K. are home to extraordinary gas prices, many times reaching more than $6.00 per gallon and climbing at fast rates. In fact, London experienced an increase of $1.50 in less than a month back in April of this year.
On the other end of the spectrum, you have countries like Dubai and Tehran where gas prices are under $1.00 a gallon. Many Middle-Eastern countries have tax-exempt gas privileges provided by their governments, which helps keep gas prices at a minimum.
Areas such as Hong Kong and Sydney, Australia have been hit even harder than Americans and are paying gas prices of over $5.00 per gallon. This is particularly painful in Hong Kong because traffic is terrible and residents are forced to pay to sit on highways that resemble parking lots, watching their gas gauges creep toward empty.
One of the cheapest areas of the world to find gas prices is Venezuela, whose gas costs only around $0.14 per gallon. Azerbaijan trails behind at $1.15 per gallon and Moscow is a quick jump to $1.43. Residents of Tokyo are paying around $4.50 and you can expect to incur gas prices of around $6.00 in Seoul.
Canadian gas prices are just a little bit higher than what you find in the U.S.; Toronto has reached about $3.06 and Vancouver is around $3.38. Surprisingly, Mexico City is much cheaper at $2.34. Cairo is only paying around $0.86.
According to the experts, high gas prices in the majority of the world are a result of what Inc.com calls the "Gas Fear Complex". The terrifying thought of running out of gasoline in the near future has served to spike gas prices worldwide, causing hardship among consumers while padding the pockets of oil companies.
The threat of terrorism is another contributing factor that encourages the increase in gas prices. When countries fear imminent attack, the government begins purchasing large quantities of oil, which increases the cost of gas for average citizens. This widespread panic is not expected to abate any time soon, so gas prices will probably continue to climb.
The good news is that fuel economy in American and Japanese cars is on the rise. In fact, it has improved by almost 10% since the 80s, which helps to marginally offset the cost of gas. The problem with this is that car prices have also increased, which means that the savings in fuel economy is not as ultimately helpful as it could be.
You'll also find that gas prices are related to the environmental concerns in a specific country or state, which is why Californians are paying more for gas than Texans. When the government imposes environmental regulations on its citizens and businesses, the price of oil increases exponentially.
So what's the moral of this story? If you aren't ready to move to the Middle East for lower gas prices, you'll need to find new ways to save money on gas. Traveling routes with little traffic and scheduling regular maintenance checks on your vehicle will help to increase fuel economy. It's also a good idea to purchase a smaller car rather than a truck or SUV.
The United States might be experiencing high gas prices, but those around the world can be far more expensive. If you're going to be traveling overseas, research the price of gas so you'll know what to expect when you pull up to the pump in your rental car.
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