Carmel Valley Real Estate Blog: Where is the cheapest gas in the world?

Where is the cheapest gas in the world?

Do you ever wonder what someone in another country pays for gasoline?  Do you ever wonder why they pay more or less than we do in Carmel Valley?  The other day I was at our desert home and decided to see what Costco charged for gas as opposed to a Shell station a block away.

Costco_gas_pricesvs.Shell_Gas_Prices

To take it further, I went online to view what other countries pay for gas and here is a list below of what the average cost of gas is in other countries.  I continue to ponder why we are paying so much... there doesn't seem to be a rational reason.  If you have one, please let me know! 

NATION

CITY

PRICE/COST USD Regular/Gallon

Netherlands

Amsterdam

$6.48

Italy

Milan

$5.96

Denmark

Copenhagen

$5.93

Sweden

Stockholm

$5.80

United Kingdom

London

$5.79

Germany

Frankfurt

$5.57

France

Paris

$5.54

Portugal

Lisbon

$5.35

Hungary

Budapest

$4.94

Ireland

Dublin

$4.78

Switzerland

Geneva

$4.74

Spain

Madrid

$4.55

Japan

Tokyo

$4.24

Czech Republic

Prague

$4.19

Brazil

Brasilia

$3.12

Cuba

Havana

$3.03

Taiwan

Taipei

$2.84

Lebanon

Beirut

$2.63

South Africa

Johannesburg

$2.62

Panama

Panama City

$2.19

Russia

Moscow

$2.10

Puerto Rico

San Juan

$1.74

Saudi Arabia

Riyadh

$0.91

Kuwait

Kuwait City

$0.78

Egypt

Cairo

$0.65

Nigeria

Lagos

$0.38

Venezuela

Caracas

$0.12

Susan Laxson 

 

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