I was on a train traveling to Canne, France one afternoon and an Englishman tapped me on the shoulder. He said, “I’ve got a question for you. Why are you Americans GIVING your gas away”? I didn’t have an immediate answer for him.
I did a little research. What did I find? Yes, gasoline in the United States does sell very inexpensively compared to the rest of the world. We rank as the 42nd least expensive country out of 167 countries surveyed below when it comes to the price of gasoline/petrol. Next time you go to fill-up think about that! Maybe the British fellow was right. Maybe we are GIVING our gas away!
Do you still think gasoline is too high where you live? You could move to Venezuela or maybe Oklahoma. Those locations have the lowest gasoline prices in the world or in the United States.
If you moved to Venezuala you could fill up your tank for less than two bucks. Still like complaining about gasoline prices but DON’T want to move to Venezuela? You have options.
When I first shared this study on my website at www.randylewis.org back in 2013 I was driving a gasoline-powered car. In today’s world, 2021, I drive an electric car. A Tesla Model X sits in my garage now. Obviously, I have no gasoline expenses. I don’t even have any expenses for electricity despite owning an electric car. When I bought my Tesla Model X they were offering FREE supercharging at any of the many Tesla superchargers located across the country. That’s free supercharging for the life of my car ownership. Just lucky I guess.
“The cost of a gallon of gasoline ranks with bad weather as one of the most universal complaints. In the U.S., the price of gas is getting even more attention than usual this year as political parties each blame the other over energy policy. By the way that last statement can be used in any year because it is ALWAYS true.
What’s lost in the debate is how much the U.S. and other countries actually pay for gas, relative to one another. The ranking below sorts 167 countries by the average retail price at the pump for a liter of gasoline. This survey was done on June 21, 2021.
If you don’t want to move you could stay in the U.S. Gas prices here rank as the 42nd cheapest out of 167 countries surveyed from all over the world. Our gas is cheap! Plus folks make so much more in the U.S. compared to most countries that our gas is even a better value than our stated rank of #42.
The table below shows gasoline priced by the liter. To convert these prices to gallons simply multiply the price of one liter by 3.785.
Below is a table ranking states by their average price of a regular gallon of gasoline. For the longest time, Hawaii had the highest gas prices. Not any more. Now my home state of California does.
We are doing everything we can with high gas prices and astronomical housing prices to discourage people from coming to the Golden State. Despite all of these attempts, they keep coming and coming. Are 12 months of sunshine really that valuable? What makes the price of housing in California so expensive? Demand baby! It’s all about supply and demand.
I just got this advertisement from a local realtor this week. Sorry the text isn’t more readable. They are offering a 1,003 (not a typo) square foot home with two bedrooms and one bath, a few blocks from the beach for the paltry sum of $1.9 (ONE MILLION NINE HUNDRED THOUSAND DOLLARS). How can a property like this sell for a price like this? Location? Location? Location? It’s all about supply and demand. The demand is outstripping supply by a wide margin. That’s happening everywhere but it’s happening even stronger in California as evidenced by the highest home prices in the country.
If California were a country it would have the 5th largest world economy ranking just ahead of India and just behind Germany. If California were a country its average price per LITER of gasoline would be $1.22. California’s gasoline would still rank it close to the middle of the country pack at #98 tied with Burundi and Mali.