Gas prices in the US have been relatively cheap for a long time. There are many other places around the world that have been paying over $4 a gallon for gas for many years. Now that the US has reached an average of over $4 a gallon, here are some gas prices from around the world. For the country’s that use the metric system, the prices have been converted relatively from liters to gallons.

The main factor in price disparities between countries is government policy, many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline.

Gas Prices Around The World

Highest gas prices

Eritrea – $9.58
Norway – $8.73
United Kingdom – $8.38
Netherlands – $8.37
Monaco – $8.31
Iceland – $8.28
Belgium – $8.22
France – $8.07
Germany – $7.86
Portugal – $7.84

In many oil producing nations the government owns the oil companies and keeps prices low to benefit their citizens.

Lowest gas prices

Venezuela – 12 cents
Iran – 40 cents
Saudi Arabia – 45 cents
Libya – 50 cents
Swaziland – 54 cents
Qatar – 73 cents
Bahrain – 81 cents
Egypt – 89 cents
Kuwait – 90 cents
Seychelles – 98 cents

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