Global Gas Prices: Where Do We Fit?

Matt Posky
by Matt Posky
global gas prices where do we fit

You’ve no doubt noticed that gas prices have been creeping up while 2018 progresses. But North America still has it pretty good, especially the United States. Despite fuel prices creeping up to almost $3.00 per gallon, the U.S. still enjoys cheaper gasoline than most of the Western world. Even Canada, which is currently coasting around $4.45 per gallon, manages to undercut the nightmare that is Europe by a wide margin.

North America as a whole spends more on gas per person then practically everywhere else on the globe, though. An affinity for larger vehicles, combined with more time spent behind the wheel, translates into burning more fuel overall. I suppose one could make the argument that we need cheaper petroleum since we use so much of it — just be ready to have someone call you selfish.

For example, the United Kingdom has prices set around $6.59 for a gallon of that good stuff but the average citizen only uses 69.67 gallons a year. However, the average American turns 429 gallons of gasoline into forward motion.

Bloomberg recently ran a study in which it compared average fuel prices between 61 countries, looking specifically at the per-gallon prices, how that price compares to wages in each country, and how much of it each citizen is burning in a standard year.

The results are fascinating, at least until you start looking at Iran and realize the country sells fuel for less than a dollar per gallon. Then you’re forced to take a momentary break to come to grips with your anger.

Gas prices were sourced by to determine fuel pricing, which is useful but imperfect since gas isn’t the same around the world. The outlet also said it used U.N. data for motor gasoline by road in 2015 to determine average fuel consumption per annum. Again, imperfect for a 2018 analysis, but it’s probably still the most comprehensive collection of prices and what they mean in a broader context that we’ve come across. Check it out for yourself if you want to see where individual nations stack up.

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  • Trail Rated Trail Rated on May 09, 2018

    A One Dollar per Gallon Federal Deficit Tax will not cover half of the interest due on 20 Trillion.

  • WildcatMatt WildcatMatt on May 23, 2018

    "The results are fascinating, at least until you start looking at Iran and realize the country sells fuel for less than a dollar per gallon. Then you’re forced to take a momentary break to come to grips with your anger." What, exactly, am I supposed to be angry about? That an oil-rich country is able to provide low-cost gas to its domestic market? Sure, some of that is political but some of it is also lower overhead since it's not being shipped thousands of miles before being refined and then hundreds of miles before being sold to the customer. When I lived in upstate NY farm country, things like milk, butter, and eggs were cheaper for the same reasons.

  • SCE to AUX I charge at home 99% of the time, on a Level 2 charger I installed myself in 2012 for my Leaf. My house is 1967, 150-Amp service, gas dryer and furnace; everything else is electric with no problems. I switched from gas HW to electric HW last year, when my 18-year-old tank finally failed.I charge at a for-pay station maybe a couple times a year.I don't travel more than an hour each way in my Ioniq 1 EV, so I don't deal much with public chargers. Despite a big electric rate increase this year, my car remains ridiculously cheap to operate.
  • ToolGuy 38:25 to 45:40 -- Let's all wait around for the stupid ugly helicopter. 😉The wheels and tires are cool, as in a) carbon fiber is a structural element not decoration and b) they have some sidewall.Also like the automatic fuel adjustment (gasoline vs. ethanol).(Anyone know why it's more powerful on E85? Huh? Huh?)
  • Ja-GTI So, seems like you have to own a house before you can own a BEV.
  • Kwik_Shift Good thing for fossil fuels to keep the EVs going.
  • Carlson Fan Meh, never cared for this car because I was never a big fan of the Gen 1 Camaro. The Gen 1 Firebird looked better inside and out and you could get it with the 400.The Gen 2 for my eyes was peak Camaro as far as styling w/those sexy split bumpers! They should have modeled the 6th Gen after that.