Economics
U.S. Feels Less Gasoline Pain as Pakistan Tops Ranking
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The U.S., the world’s biggest oil consumer, is among the nations feeling the least pain at the gasoline pump, while Pakistan tops the list of 60 countries ranked by Bloomberg.
A gallon of premium gasoline cost Americans 3 percent of their daily income in October, 55th out of 60 nations, according to data compiled by Bloomberg. In Pakistan, a gallon cost 46 percent more than a worker’s daily wage. Venezuelans paid 0.3 percent of their income to buy each gallon, the least in the world, the data show.