Highest & Cheapest Gas Prices by Country

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

Photograph by SIME/eStock Photo

Company Symbol % Change
Hess Corp HES:US -0.41
Chevron Corp CVX:US -0.62
ConocoPhillips COP:US -0.56
Exxon Mobil Corp XOM:US -0.79
BP PLC BP/:LN -0.58
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Norway

Price per gallon of gasoline: $9.63
Rank by most expensive gas: 2
Rank by pain at the pump: 51

Norway is unusual in that it's the only major oil producer with expensive gas. Instead of subsidizing fuel at the pump, the country uses its oil profits for services, such as free college education, and savings for infrastructure improvements.

Resource-rich Norwegians absorb the high prices of gas with relative ease. The average daily income is $280. The share of a day's wages needed to buy a gallon of gas is 3.4 percent.

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