Cheapest Gas Price by Country in 2023
- Venezuela. Venezuela, while overall a rather impoverished nation, is rich in oil reserves and fossil fuels, and uses that particular wealth to provide their people with virtually free gasoline. …
- Libya. …
- Iran. …
- Angola. …
- Algeria. …
- Kuwait. …
- Egypt. …
- Turkmenistan.
Where is fuel cheapest in the world?
VenezuelaVenezuela is the world's cheapest country to buy petrol, where amazingly it costs just 2 pence (GBP) a litre. This is because it's home to some of the biggest oil reserves in the world. But it's also a country where income is very low too.
Which place has the lowest gas prices?
Mississippi has the least expensive gas prices in the U.S., with an average cost of $3.124 per gallon. There are four states that border Mississippi – Alabama, Louisiana, Arkansas, and Tennessee — all of which have higher gas prices.
Is gas cheaper in Mexico or USA?
The average price of regular gasoline in the US is now cheaper than its Mexican equivalent, starting the week at MX$20.02/l (US$0.99/l), 8.1 percent cheaper than Mexican gasoline which stood at MX$21.78/l (US$1.08/l).
What country is gas most expensive?
Hong KongThat may still feel like a lot for many consumers, but the pain at the pump is actually much worse in some other countries. Residents of Hong Kong pay the highest international gas prices, with 1 gallon setting them back $11.43.
How much is gas in Cuba?
Company Matches
| Nation | City | Price in USD Regular/Gallon |
|---|---|---|
| Cuba | Havana | $3.03 |
| Taiwan | Taipei | $2.84 |
| Lebanon | Beirut | $2.63 |
| South Africa | Johannesburg | $2.62 |
Why is fuel so cheap in USA?
While the US is a leading producer of crude, it still imports much of its stock from other countries. The discrepancy didn't come from the price of the gasoline itself, but mostly from the taxes paid on the gas. In the US, gas taxes have always been shockingly low.
How much is gas in Canada?
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| Fuel Type | Ontario | Southern Ontario |
|---|---|---|
| Regular Unleaded Gasoline | 148.4 | 148.3 |
| Mid-Grade Gasoline | 166.9 | 166.8 |
| Premium Gasoline | 176 | 175.9 |
| Diesel | 181.1 | 180.3 |
Is gas cheaper in Europe or America?
Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years.
Who has the cheapest gas in the world?
How much is a gallon of gas in Germany?
| Germany | ||
|---|---|---|
| Fuel Type | Per Gallon | Per Liter |
| Super | $4.371 | $1.140 |
| Super Plus | $4.671 | $1.234 |
| Diesel | $4.703 | $1.242 |
Where does the US rank in gas prices?
GlobalPetrolPrices.com, an energy data tracking company, puts U.S. gas prices in the bottom half of a global measure.
How much is gas in Japan?
| Related | Last | Unit |
|---|---|---|
| Gasoline Prices | 1.15 | USD/Liter |
Where is fuel most expensive?
Hong KongHong Kong is widely recognised to have the most expensive petrol in the world at around $2.96 per litre.
Why is California gas so expensive?
California gas is generally more expensive than the rest of the nation due to: High local taxes. Taxes can make up about 13% of the price of a gallon of gas, according to the U.S, Energy Information Administration. California's regulation for a special more environmentally friendly blend that tends to be more expensive.
What is the price of gas in Alaska?
Gas Prices
| Price | Station | City |
|---|---|---|
| 3.590 | Costco 48 College Rd Fairbanks Nov 12,2:19 PM | Fairbanks |
| 3.610 Cash | Airport Gas & Oil 4480 Dale Rd Fairbanks Nov 12,12:15 PM | Fairbanks |
| 3.650 | Alaska Fuel Services 2090 Van Horn Rd Fairbanks Nov 12,3:32 AM | Fairbanks |
| 3.650 | Alaska Fuel Services 809 Cushman St Fairbanks Nov 11,1:56 PM | Fairbanks |
How much is gas in Alaska?
Alaska average gas prices
| Regular | Diesel | |
|---|---|---|
| Current Avg. | $4.016 | $4.395 |
| Yesterday Avg. | $4.005 | $4.406 |
| Week Ago Avg. | $4.075 | $4.449 |
| Month Ago Avg. | $4.389 | $4.653 |
How much is a gallon of gas in Japan?
Gas Prices Around the World
| Country | Price as of Nov. 21 in USD per gallon | Header Cell – Column 2 |
|---|---|---|
| Japan | $4.36 | Row 17 – Cell 2 |
| Jordan | $6.16 | Row 18 – Cell 2 |
| Kuwait | $1.29 | Row 19 – Cell 2 |
| Madagascar | $5.16 | Row 20 – Cell 2 |
Why gas is so cheap in US?
While the US is a leading producer of crude, it still imports much of its stock from other countries. The discrepancy didn't come from the price of the gasoline itself, but mostly from the taxes paid on the gas. In the US, gas taxes have always been shockingly low.
Is gas cheaper in Canada or the US?
Most of the difference in gasoline prices between Canada and United States is because of taxes. Gasoline taxes vary by state and province and at each national level. When taxes are removed, Canadian and American prices are similar.