From Money magazine....
Gas prices around the world
Think you pay a lot for gas? Perhaps you'd prefer to live in Venezuela.
Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. A few countries, like Venezuela have prices that are far lower.
The main driver of price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.
In Venezuela, on the other hand, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens, he said. All prices updated May, 2004.
Nation City Price
UK TEESIDE $5.64
HONG KONG HONG KONG $5.62
UK MILFORD HAVEN $5.56
UK READING $5.56
UK NORWICH $5.54
GERMANY FRANKFURT $5.29
DENMARK COPENHAGEN $5.08
NORWAY STAVANGER $5.07
NORWAY OSLO $4.93
ITALY ROME $4.86
TURKEY ISTANBUL $4.85
PORTUGAL LISBON $4.80
KOREA SEOUL $4.71
SWITZERLAND GENEVA $4.56
KOREA KOJE/OKPO $4.53
AUSTRIA VIENNA $4.50
CROATIA ZAGREB $4.32
JAPAN TOKYO $3.84
AUSTRALIA SYDNEY $2.63
CAMBODIA PHNOM PENH $2.57
TAIWAN TAIPEI $2.47
GEORGIA TBILISI $2.31
LAOS VIENTIANE $1.66
THAILAND BANGKOK $1.60
CHINA TIANJIN $1.54
CHINA SHANGHAI $1.48
RUSSIA MOSCOW $1.45
KAZAKHSTAN ALMATY $1.36
KAZAKHSTAN ATYRAU $1.35
TAJIKISTAN DUSHANBE $1.32
AZERBAIJAN BAKU $1.15
VENEZUELA CARACAS $0.14