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 1.24
Chevron Corp CVX:US 0.58
ConocoPhillips COP:US 1.70
BP PLC BP/:LN -0.30
Exxon Mobil Corp XOM:US 1.18
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France

Price per gallon of gasoline: $8.38
Rank by most expensive gas: 9
Rank by pain at the pump: 37

France has the ninth-most-expensive gas in the 60-country ranking. In 2012, politicians pushed to cut taxes to reduce the retail price.

Still, with an average daily income of $110, and a rate of gasoline consumption that's below average, the French spend a relatively small proportion of their paychecks fueling up. The share of a day's wages needed to buy a gallon of gasoline is 7.6 percent.

Biofuels in France benefit from lower tax rates than conventional gasoline and diesel. The country also taxes distributors that don't meet biofuel targets.

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