Expensive and Cheap Locations to Purchase Gas

The price of gasoline tends to vary greatly here in the US.  It generally jumps during the summer when demand is highest, then drops off during the winter.  Sanctions, disasterss and other international events can also effect the price by reducing supply.

Those spending $3 a gallon at the pumps can take some refuge in knowing that they’re spending half what most Europeans spend on a gallon of petrol.  Here’s a chart showing the ten most expensive locations to gas up along with the ten cheapest.  As usual, Venezuala leads the world in price due to heavy government price subsidies for residents.

Sierra Leone leads the world with a gallon of gas running $18.40, again supply and demand plays a heavy part in the cost to the consumer.

Considering recent events with Iran, it’s quite possible that a change in gas prices will be forthcoming.