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 1.39
ConocoPhillips COP:US 2.00
BP PLC BP/:LN -0.22
Exxon Mobil Corp XOM:US 0.84
Chevron Corp CVX:US 1.35
52 of 63

United States

Price per gallon of gasoline: $3.29
Rank by most expensive gas: 51
Rank by pain at the pump: 56

Drivers in the U.S. paid record high prices for gas in 2012, as severe weather and political tensions drove up fuel costs.

Americans have little to complain about. They pay $2.72 less per gallon than the 60-country average. Gasoline taxes account for less than 15 percent of the U.S. retail price of the fuel, compared with almost 60 percent in the U.K. Only four nations have less pain at the pump than the U.S. -- and all of them are members of OPEC.

Still, the U.S. is accustomed to using more gas than any country in the world. America burns through more than 1.2 gallons of gas per person each day -- the only country where people use more than a gallon a day. To feed this energy hunger, Americans spend 2.9 percent of their income on gas, the ninth-highest.

The average daily income is $140. The share of a day's wages needed to buy a gallon of gas is 2.4 percent.

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