Relatively low taxes have kept pump prices far below most other developed nations, which some say is precisely why the current runup is so painful.
So yes, despite a lot if increases, the U.S. is actually one of the cheaper places to fill up in the world.
Around the world, petrol prices in countries such as Denmark, Belgium and Norway are the highest, while in Saudi Arabia and Venezuela they are lowest.
Let us have a look at what people are paying at petrol pumps around the world.
Norway: 2.36 $ / liter – 8.9 $ / US gallon
Netherlands: 2.24 $ / liter – 8.46 $ / US gallon
Denmark: 2.14 $ / liter – 8.08 $ / US gallon
Belgium: 2.13 $ / liter – 8.05 $ / US gallon
Finland: 2.11 $ / liter – 7.97 $ / US gallon
Monaco: 2.09 $ / liter – 7.9 $ / US gallon
Italy: 2.08 $ / liter – 7.86 / US gallon
Iceland: 2.07 $ / liter – 7.82 $ / US gallon
United Kingdom: 2.03 $ / liter – 7.67 $ / US gallon
Germany: 2.02 $ / liter – 7.63 $ / US gallon
On the other hand, take a look at the list where gasoline is cheapest…Venezuela, 12 cents / gal, Iran 40 cents / gal, Saudi Arabia – 45 cents, Libya – 50 cents …