World petrol price comparison: its a gas, gas, gas

Look at what Europe pays compared to North America according to this graphic — Australians and Americans shouldn’t be complaining about the price of petrol. The Middle East properly pay lower prices, since they’ve got it or are close to it (and one should also factor in lower incomes and government subsidies and taxes — see the four country profiles below). China and Russia have it comparatively cheaper, too.

From Wired mag

world-petrol-price-comparison.jpg

Infographic by 212box
Sources: Airinc, Energy Information Administration

Tehran, Iran: $0.33/gallon
Despite massive oil reserves, limited refinery capacity forces Iran to import much of its gasoline. Still, government subsidies keep it cheap.
Lagos, Nigeria: $1.92/gallon
In a country where the per capita daily income is $3.84, $2-a-gallon gasoline is no bargain, leading thieves to tap oil pipelines in the delta.
Beijing, China: $2.44/gallon
An economic boom — coupled with the middle class’s growing appetite for vehicles with four wheels — is likely to drive gas prices higher.
Oslo, Norway: $6.48/gallon
Norway is the world’s third-largest oil exporter, but hefty taxes aimed at reducing CO2 emissions mean high prices for petrol

 

Posted in Cities, Oil.

2 Responses to “World petrol price comparison: its a gas, gas, gas”

  1. Monte Says:

    Good one! I’ve been looking for a chart like this for years! Thanks!

  2. How much is a (US) gallon of petrol in the rest of the world? « Khanya Says:

    [...] clipped from peoplesgeography.com [...]

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