Which Country In The World Has The Cheapest Gasoline

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Which Country In The World Has The Cheapest Gasoline
Which Country In The World Has The Cheapest Gasoline

Video: Which Country In The World Has The Cheapest Gasoline

Video: Which Country In The World Has The Cheapest Gasoline
Video: Global Gasoline Prices Comparison 2021 | Full List of World Gasoline (Petrol) Price Ranking 2024, May
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Gasoline is an essential product for car owners. You have to feed your "iron horse". In most countries, gasoline is an expensive pleasure. But there are countries where it is cheaper than water.

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Venezuela is in the lead

For example, Venezuela. Today the cheapest gasoline in the world is sold in this country. The price for it in this "paradise for motorists" is $ 0.05 (yes, five cents) per liter. For comparison, a bottle of drinking water in Venezuela costs one and a half dollars. Where else can you refuel for the price of a bottle of water? Nowhere. But the most interesting thing is that the gasoline consumption per capita in Venezuela does not exceed the gasoline consumption of a small state, such as Liechtenstein. Although the territory of Venezuela, in comparison with Liechtenstein, is simply huge. It is not fashionable to drive a car in Venezuela. Another curious fact is that the price of gasoline in Venezuela is strikingly stable. It hasn't changed since 1989. It was in this year that there was the last rise in the price of gasoline (apparently, before that it cost four cents). And, by the way, this "global" rise in price almost caused another revolution. Oh, these Venezuelans, just give them a reason.

Also inexpensive

Next, Venezuela is followed by Iran with a large (compared to the local price) margin. There, a liter of gasoline is sold for ten cents - twice as much as in Venezuela.

More recently, Libya rightfully occupied the third place in countries with cheap gasoline ($ 0, 14 per liter), but political problems in Libya greatly influenced the price of gasoline, and now it costs differently in different parts of the country. In some places, thirty cents, and in some places and a dollar per liter.

Therefore, Saudi Arabia is in third place today. There, a liter of gasoline is sold for $ 0, 13. Further on increasing: Qatar, Bahrain, Kuwait, Oman, Yemen, Algeria, Egypt.

Issue price

Why is gasoline so cheap in these countries? For purely political reasons. Dictators are in power in the above countries. In order to support their authoritarian regime and prevent popular outrage, they artificially reduce the price of gasoline. If the countries were not Muslim, it would be possible to reduce the price of vodka. But in Muslim countries "black gold" is quoted higher than "white gold". Nevertheless, they do not sell their gasoline for export at the domestic price.

Therefore, in other countries that do not have oil wells and authoritarian regimes, gasoline is much more expensive. The most expensive - in Norway - 1, 86 euros per liter. Not far from Norway, Italy and Holland are on the list of countries with expensive gasoline. There the price of a liter of gasoline is the same - 1.83 euros. Denmark is next with a price of 1.77 euros. And Greece is slowly "catching up" to it.

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