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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 -0.78
ConocoPhillips COP:US -1.70
BP PLC BP/:LN 0.91
Exxon Mobil Corp XOM:US -0.77
Chevron Corp CVX:US -0.53
10 of 63


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.

Read more energy & sustainability news.