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What do global gas prices suggest?

July 25th, 2008 · No Comments

After the fold is a listing of the 10 nations with the most expensive gasoline prices and the ten nations with the cheapest gasoline. And, a simple question, with a thought: Which list would you want to live in? And, what does that suggest?

Least expensive gasoline

Where gasoline is cheapest
Rank Country Price/gal

1. Venezuela 12 cents
2. Iran 40 cents
3. Saudi Arabia 45 cents
4. Libya 50 cents
5. Swaziland 54 cents
6. Qatar 73 cents
7. Bahrain 81 cents
8. Egypt 89 cents
9. Kuwait 90 cents
10. Seychelles 98 cents
44. United States $3.45

Most expensive gasoline:

1. Eritrea $9.58
2. Norway $8.73
3. United Kingdom $8.38
4. Netherlands $8.37
5. Monaco $8.31
6. Iceland $8.28
7. Belgium $8.22
8. France $8.07
9. Germany $7.86
10. Portugal $7.84
108. United States $3.45

A simple thought experiment. Taking Eritrea off the the ‘most expensive list,” ask yourself, which list looks more attractive?

Tags: gasoline

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