• 4 minutes Energy Armageddon
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 10 minutes Wind droughts
  • 4 hours "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 3 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 1 day Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 hours The Federal Reserve and Money...Aspects which are not widely known
  • 3 hours "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 5 hours "Oil prices likely not responsible for inflation and other energy insights by hedge fund manager Josh Young" - Kitco News interview by David Lin
  • 5 hours Uniper is over - Germany (Government) buys the Company
  • 13 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 6 days "Dodgy Demand Data? The Oil Price Collapse Conspiracy" by Alex Kimani
  • 10 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 13 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com

Breaking News:

Germany’s Floating LNG Terminal Delayed

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Which Countries have the Lowest Gas Prices

Everyone complains about the cost of gasoline, yet we all pay different prices. In the US the cost of gasoline is far lower than those in Europe, and in the Middle East the prices are lower still.

ArabianBusiness.com has compiled a rather interesting list detailing the world’s ten cheapest countries for gasoline prices.

American’s constantly complain about the price of gasoline, and have even gone to war several times to prevent prices rising too much. They currently stand at number ten on the list, paying an average of $3.29 a gallon.

Mexico closely follows the US in ninth place with an average price of $3.22 a gallon, although they probably hope that this will drop with the new plans to develop the country’s oil industry, laid out by President Enrique Pena Nieto.

Related article: Americans Paying European Prices for Oil?

In third place you will find Malaysia, paying a price of $2.62 a gallon for its gasoline.

Despite the corruption and crime that riddles the Nigerian oil industry, generous subsidies from the government ensure that its gasoline remains cheap at just $2.34 a gallon.

Iranians pay $2.15 a gallon; the UAE pays just $1.77; in fourth place on the list is Egypt at $1.14 a gallon; prices of gasoline in Kuwait are an incredibly low $0.81 a gallon; in Saudi Arabia a gallon of gasoline costs just $0.45; and the lowest price in the world (according to ArabianBusiness.com) can be found in Venezuela at a staggeringly miniscule price of $0.06 a gallon.

There are countries such as Qatar, Oman, and Bahrain which for some unknown reason have been left off this list by ArabianBusiness.com, yet each has far lower gasoline prices than the US or Mexico.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage



Leave a comment
  • Rick Nelson on February 21 2013 said:
    Costa Rica has the worst roads in the region and the highest taxes on oil products which are supposed to be used to fix the infrastructure. The current price is $5.42 per gallon, and the quality is among the worst - provoking damage to modern engines. It is the price of choosing radical "conservation" and anti-development.
  • Rey Waters on February 21 2013 said:
    I was recently in Ecuador and their price per gallon was $1.47 , which moves them into fourth place ahead of UAE

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News