U.S. Feels Less Pain at Gas Pump as India Tops Ranking
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The U.S., the world’s biggest oil consumer, is among the nations feeling the least pain at the gasoline pump, while India tops the list of 60 countries ranked by Bloomberg.
A gallon of regular gasoline cost Americans 2.5 percent of their daily income in April, 55th out of 60 nations, according to data compiled by Bloomberg. In India, a gallon cost 16 percent more than a worker’s daily wage. Venezuelans paid 0.1 percent of income to buy a gallon, the least in the world, the data show.