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Gasoline and diesel usage and pricing

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Long-term U.S. gasoline prices, 1990-2007 (adjusted for inflation using the U.S. CPI).
Recent U.S. gasoline prices, 2005-2007 (not adjusted for inflation).

The United States uses an average of 385 million US liquid gallons (1.46 gigalitres) of gasoline each day.[1] Western countries have among the highest usage rates per person. On average, U.S. consumers spend a smaller fraction of their incomes on gasoline today than in previous decades.[citation needed]

Some regions, e.g. in Europe and Japan, impose heavy fuel taxes on fuels such as gasoline. Because a greater proportion of the price of gasoline in the United States is due to the cost of oil, rather than taxes, the price of the retail product is subject to greater fluctuations (vs. outside the U.S.) when calculated as a percentage of cost-per-unit, but is actually less variable in absolute terms).

According to national figures from the U.S. Department of Energy, in March 2006, 55% of the cost of gasoline went to pay for crude oil, 22% for refining, 19% to taxes, and 4% for distribution and marketing.[2]

Average gasoline prices around the world
(see fuel tax for tax information by country)
(1 US gallon = 3.785411784 litres)
Country USD/USgal Local measure As of Source
Australia (Sydney) $2.63/gal A$1.13/litre 8 October 2006 Motormouth/CNN-Money
Belgium (Brussels) $6.33/gal May 2006 CNN Money/[3]
Brazil (São Paulo) $3.85/gal R$ 2,40/litre Aug 2006
Canada $3.24/gal C$0.95/litre 14 September 2006 GasBuddy/XE.com
Denmark (Copenhagen) $5.08/gal 29 September 2006 CNN Money/[4]
Egypt (Cairo) $0.93/gal March 2005 CNN Money/[5]
Finland $6.16/US gal 1.28€/litre 11 September 2006 polttoaine.net[6] average price on 95 octane
Germany $5.29/gal 29 September 2006 CNN Money/[7]
Greece $4.93/gal €1/litre 13 March 2006
Iceland $6.05/gal 112.90 ISK/litre. 20 November 2006 Esso/[8]
India (Bangalore) $4.61/gal INR 55.15/liter October 2006
Israel $5.52/gal 6.40 NIS/litre 1 August 2006 Israel Min. of National Infrastructures (Hebrew)[9]
Italy (Rome) $4.86/gal 29 September 2006 CNN Money/[10]
Japan $3.84/gal yen/litre 29 September 2006 CNN Money/[11]
Kuwait (Kuwait City) $0.78/gal April 2006 CNN Money/[12]
Malaysia (Kuala Lumpur) $2.01/gal RM1.92/litre February 2006 [13]/Google exchange calculator on 15 May 2006
Mexico (Mexico City) $2.30/gal $MX 6.6/litre 20 July 2006 Banco de México/[14]
Netherlands (Amsterdam) $6.31/gal €1.28/litre 8 February 2007 Athlon Car Lease/[15]
New Zealand $4.09/gal NZ$1.71/litre 29 May 2006 Pricewatch/X-Rates on 29 May 2006
Nigeria (Lagos) $0.38/gal March 2005 CNN Money/[16]
Norway (Oslo) $7.68/gal 12.49 NOK/litre. 8 August 2006 Shell/[17]
Saudi Arabia (Riyadh) $0.40/gal April 2006 CNN Money/[18]
Thailand $2.61/gal 24.79 Baht/litre Jan 13 2007 Nation Multimedia/[19]
Turkey $6.99/gal 2.72 YTL/litre 13 October 2006 NTV/[20]
Turkmenistan $0.29/gal 400 TMM/litre 25 November 2006 Turkmenistan.ru/[21]
United Kingdom $5.58/gal £0.90/litre 29 September 2006 CNN Money/[22]
United States $2.38/gal US$2.38/USgal 25 September 2006 Energy Information Administration
Venezuela (Caracas) $0.14/gal 29 September 2006 CNN Money/[23]


References

  1. ^ U.S. Product Supplied for Crude Oil and Petroleum Products. United States Energy Information Administration, October 2 2006 [1]
  2. ^ Q&A: What's Behind High Gas Prices? by Scott Horsley. NPR.org, April 27 2006 [2]

See also