Gasoline prices in selected countries worldwide as of July 2013 (in U.S. dollars per gallon)

  U.S. dollars per gallon
Norway 10.08
Turkey 9.55
Netherlands 8.89
Italy 8.61
Greece 8.3
France 8.13
Hong Kong 8.11
Sweden 8.1
Finland 8.05
Germany 8.01
Israel 7.86
Ireland 7.79
UK 7.75
Switzerland 7.25
Spain 7
Japan 5.9
Brazil 5.58
India 4.74
Canada 4.67
China 4.67
U.S. 3.66
Mexico 3.43
Russia 3.39
Iran 2.16
Saudi Arabia 0.45
Venezuela 0.04
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The statistic represents gasoline prices around the world as of July 2013. At around eight US dollars per gallon, gas prices in Germany were lower than in Norway, but considerably higher than in the United States. According to the source, gas prices were measured between July 1 and 16, 2013.

Gas prices

Fuel prices in different countries range from a few cents to around 10 US dollars per gallon. Gasoline is often regarded as a key driver of a country’s economy, as it is the main fuel used in families’ passenger vehicles and the automotive fleets of small and large businesses. The United States is the biggest consumer of gasoline on a per capita basis, with 1.22 gallons of gas per person and day.

One of the liquid’s main ingredients is crude oil. Publicly traded crudes, such as UK Brent, the OPEC basket grades and US-sourced West Texas Intermediate, are highly volatile and prone to rallies. Where access to oil is limited, the volatility of crude oil spot prices is increasingly causing a shift towards alternative propulsion systems and fuels among a growing number of vehicle drivers.

Although located in a region where oil is abundant, petrol is particularly expensive in Norway and Turkey. According to data published by Bloomberg, over one third of a day’s wages is needed to buy a gallon of gas in Turkey. The high price is largely attributable to the country’s gas tax, which is counted among the highest in the world. Other factors driving petrol prices include local demand, processing and distribution costs, the strength or weakness of local currencies, and the aforementioned crude oil prices.

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