U.S. Department of Energy - Energy Efficiency and Renewable Energy

Vehicle Technologies Office

Fact #521: June 2, 2008
The Price of Gasoline in the United States is Inexpensive Compared to Most Other Nations

Aside from OPEC* member countries like Venezuela and Saudi Arabia, the price of gasoline in the United States remains comparably inexpensive among most other nations. U.S. gasoline prices were the 45th cheapest out of the 155 countries surveyed. European nations like Germany, France and the United Kingdom are paying more than double what the U.S. pays for gasoline.

Price of Gasoline for Selected Countries, March 2008
Graph showing the price of a gallon of gasoline (in dollars) for Venezuela, Iran, Saudi Arabia, Kuwait, U.S., Germany, France, and the U.K. For more detailed information, see the table below.

Note: OPEC - Organization of Petroleum Exporting Countries.

Supporting Information

Price of Gasoline for Selected Countries, March 2008
Country Dollars per gallon
United Kingdom $8.38
France $8.07
Germany $7.86
United States $3.45
Kuwait $0.90
Saudi Arabia $0.45
Iran $0.40
Venezuela $0.12

Source: CNNMoney.com, "U.S. gas: So cheap it hurts," May 1, 2008.

 

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