Highest & Cheapest Gas Prices by Country

By Tom Randall - 2013-02-13T13:11:46Z

Photograph by SIME/eStock Photo

Company Symbol % Change
ConocoPhillips COP:US 1.86
Exxon Mobil Corp XOM:US 0.55
Hess Corp HES:US 0.53
Chevron Corp CVX:US 1.04
BP PLC BP/:LN 1.31
12 of 63

Hong Kong

Price per gallon of gasoline: $8.15
Rank by most expensive gas: 11
Rank by pain at the pump: 36

Hong Kong is a part of China but has its own constitution, its own political structure and its own price of gas. On average, Hong Kong residents pay 72 percent more for a gallon of gas than their neighbors in China, where the government caps the price at the pump.

With their higher urban incomes, drivers in Hong Kong feel less pain at the pump than Chinese drivers do. The average daily income in Hong Kong is $104, and the share of a day's wages needed to buy a gallon of gas is 7.9 percent.

Hong Kong and China are both among the world's smallest consumers of gasoline per capita. Drivers in Hong Kong's dense urban landscape consume just 0.05 gallon of gas a day on average.

Read more energy & sustainability news.

Advertisement