Highest & Cheapest Gas Prices by Country

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

Photograph by Claudia Uripos/eStock Photo

Company Symbol % Change
Hess Corp HES:US 0.16
ConocoPhillips COP:US 0.10
BP PLC BP/:LN -1.39
Exxon Mobil Corp XOM:US 0.40
Chevron Corp CVX:US -0.24
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Australia

Price per gallon of gasoline: $6.31
Rank by most expensive gas: 36
Rank by pain at the pump: 54

Relying on fossil fuels for electricity is getting more expensive in Australia after the government's tax on carbon dioxide emissions was imposed last year. Wind energy is now cheaper than coal or natural gas for producing electricity, according to a report this month by Bloomberg New Energy Finance.

The carbon tax doesn't apply to driving, which means the nation can continue to enjoy its relatively harmless pain-at-the-pump ranking. Australia is the sixth-biggest consumer of gasoline. With an average daily income of $191, the share of a day's wages needed to buy a gallon of gas is 3.3 percent.

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