Gasoline prices in the world and all of India in 2017
Find out how the price at the pump in the U S battery against prices in 11 other countries.
The price of the average US gas has skyrocketed to 3 61, according to AAA But Americans against cough up only about half the amount drivers pay per gallon in Europe, where public transport systems of tax funds on the steep fuel, among other projects on the other extreme, the oil-rich countries such as Saudi Arabia, Iran and Venezuela, not keep fuel dirt cheap with generous subsidies that cost their billions governments.
Keep in mind that with our suburbs, malls and gas guzzlers, Americans are feeling the pain at the pump more acute than others.
Here is a look at the average gas prices in early March for 11 countries around the world, collected by the German Agency for International Cooperation.
Although Canada is a major oil producer, it is the main supplier to the United States, representing 24 of our crude oil in January, heavy taxes imposed on Canadian drivers challenging prices methods vary between provinces, some choosing to regulate and others opting in February, Ontario drivers paid about 38 in taxes at the pump, more than triple the rate.
The European countries are well known for their skyrocketing gas prices France is no exception, taxes collection of more than 4 50 a gallon A compromise is omnipresent rail system of Europe with high-speed trains such as Eurostar and Thalys connecting the continent.
Turkey has the highest price on our list, soaring to nearly 10 per gallon Istanbul consistently ranks as one of the most expensive cities to buy gas.
Saudi Arabia has about a fifth of the world's oil reserves and is a major supplier to the U S The price of gasoline is determined by royal decree, the sale at a subsidized price.
Although the Iranians have a gas subsidy, the government recently cut its aid, which causes prices to skyrocket the drivers used to buy rationed 60 liters 16 gallons of gas at about 10 cents per liter, with taxi drivers allowed more price has quadrupled since the same fixed amount, as Armin Wagner, an analyst at the German Agency for international cooperation, a German-based group that studies global development.
In June 2010, the Indian government decided to deregulate petrol prices by removing subsidies that had long kept the low cost price has since increased by about 1.
economic regulator of China, the National Development and Reform, adjusts the gasoline retail price when the cost of crude oil changes by more than 4 over 22 days when the rally in oil prices, China sometimes keeps oil lower international tariffs to keep the economy going, prevent demonstrations and promoting social stability, said Antoine Halff, senior oil market analyst for the US Energy information administration.
The island nation tax motorists nearly 3 per gallon, according to the Energy Relaxation A state of art rail system, which includes fast Shinkansen trains lightning ball compensates for the pain at the pump.
Prices for Australian gas are determined by a deregulated market where competition is the name of the game is an advantage for Australian consumers is currently booming their currency, which recently traded at a record high against the dollar U S.
In the Western Hemisphere, only the United States and Canada ahead of Brazil's appetite for energy, the country is somewhat isolated from the rise in world oil prices due to its local supply of ethanol, harvesting of sugar cane 33,000 Each country's service stations offer ethanol pure hydrated, according to the Brazilian Association Surgarcane and motorists can drive Flexfuel vehicles, designed to operate with a mixture of gasoline and ethanol.
Venezuela offers the lowest cost of gasoline on our list Citizens pay only a few cents per gallon, taking advantage of generous grants of President Hugo Chavez.
Like Iran and Saudi Arabia, oil-rich Venezuela sewn affordable gas in its national fabric oil is considered a national resource, beneficially owned by all and which all are entitled, said Halff The idea of 'cheap gasoline tends to be firmly entrenched in the political culture of these countries.
Sources - German Agency for International Cooperation March 2011 Survey - Associates for International Research AIRINC - Lundberg Survey Mars energy Relaxation 2011 - U S Energy Information Administration EIA - AAA - Mercer.
Gas prices around the world, prices, world, International Cooperation Agency.