Highest & Cheapest Gas Prices by Country

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

Photograph by SIME/eStock Photo

Company Symbol % Change
Exxon Mobil Corp XOM:US 1.05
Hess Corp HES:US 2.78
Chevron Corp CVX:US 1.92
ConocoPhillips COP:US 0.81
BP PLC BP/:LN 1.08
53 of 63

Mexico

Price per gallon of gasoline: $3.22
Rank by most expensive gas: 52
Rank by pain at the pump: 29

Mexican subsidies and favorable foreign exchange rates once tempted U.S. drivers across the border to fill up. That's changing.

The world's seventh-biggest oil producer has been gradually cutting the subsidy it provides at the gas pump as a way to keep expenses in check and as an environmental measure to remove incentives for wasting gas.

Mexico relies on its northern neighbor to refine its crude into gasoline. The average daily income is $29. The share of a day's wages needed to buy a gallon of gas is 11 percent.

Read more energy & sustainability news.

Advertisement