World Gas Prices
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Elder User
Joined: Oct 2004
Posts: 867
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From: Fairbanks, Alaska
World Gas Prices
Received this from a friend...
This chart is from CNN's website. Gas prices around the world expressed
in US dollars per gallon. Interesting?
=============================
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12
This chart is from CNN's website. Gas prices around the world expressed
in US dollars per gallon. Interesting?
=============================
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12
Elder User
Joined: Nov 2002
Posts: 543
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From: South East Texas
Makes you think about moving to Venezuela . I saw something on TV about when Pres. Bush met with some Saudi Arabian guy a couple of weeks ago, and Bush asked him if they could pump more oil to help bring the prices down in the states. The Saudi guy says to him, "Why ? your not refining it anyway". That sez to me that there's pleanty of oil, but the oil companies are just not refining it to keep the prices up.
Elder User
Joined: Jul 2001
Posts: 572
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From: Mustang, Oklahoma
They've been burning down a lot lately too. A Google search of oil refinery fires will bring up at least a half dozen major fires in the last couple of years. Building new ones is a bear too with all the EPA stuff involved.
Fleet Owner
Joined: Oct 2004
Posts: 20,790
Likes: 229
From: Newton America :-P
I wonder what it would cost to rent a tanker and get gas from Venezuela ????
Does Hertz rent tankers???
Seriously 10 years ago gas was around 6.00 in Italy, and I survived, 460cui and all.
Does Hertz rent tankers???
Seriously 10 years ago gas was around 6.00 in Italy, and I survived, 460cui and all.
Posting Guru
Joined: Oct 2000
Posts: 1,577
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From: Southern MD
Most of the high prices in foreign countries is due to outrageous taxes imposed by the greedy governments, not the cost of oil.
In the U.S., the big oil companies merge, and buy up the little ones. Then they take the small refineries off line, and claim they can only refine so much crude. They have no competition. Makes ya want to think if the smaller refinery fires lately are accidents, huh?
This is done to jack up the prices and incur huge profits never before seen in the oil industry.
In the U.S., the big oil companies merge, and buy up the little ones. Then they take the small refineries off line, and claim they can only refine so much crude. They have no competition. Makes ya want to think if the smaller refinery fires lately are accidents, huh?
This is done to jack up the prices and incur huge profits never before seen in the oil industry.
Elder User
Joined: Jul 2001
Posts: 572
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From: Mustang, Oklahoma
Originally Posted by 94van
Makes ya want to think if the smaller refinery fires lately are accidents, huh?
This is done to jack up the prices and incur huge profits never before seen in the oil industry.
This is done to jack up the prices and incur huge profits never before seen in the oil industry.
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Postmaster
Joined: Feb 2003
Posts: 4,043
Likes: 4
As 94van states, that chart only tells half the story. In order for those numbers to mean anything, the amount of fuel taxes each gov't charges also has to be known. After comparing notes with people from Europe and Asia, the base price per gallon was very similar around the world. Since every gov't is independant from each other, they can charge any amount of tax they want. So that chart is really a comparison of unitless numbers. The taxes charged in Germany have absolutely no bearing whatsoever on the taxes charged in the US.
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From: Empire of New Jersey
Originally Posted by nightowl_52
If the base price per gallon was very similar around the world, how does Venezuela manage to sell it for 12 cents a gallon ? or Nigeria for 38 cents ? providing those stats are correct.
Theres probably two reasons why the US doesn't have any new refineries, one being that theres a lot of red tape and up front costs, and two being, lower prices, duh.
If prices do start getting really outragious HERE (in the US), they'll realize they're going to make everyone start driving econo-boxes again and force our are spineless, knee pad wearing politians to do something about it.
Postmaster
Joined: Feb 2003
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Venezuela IS a huge oil producer. In fact, a significant percentage of OUR oil comes from Venezuela. Nigeria is also an oil producer, an opec member, and the largest producer in Africa. Also, all of the countries in the list with gas at less than $1.00 a gallon are all big oil producers. So, I would say that: 1, since their economies are based on selling oil and they are all large producers, the taxes in their countries on a gallon of gas are probably $0.00. 2. Since they are large producers, they can produce it cheaper for themselves or they are subsidizing their price of gas with money they get by exporting. In other words, you are helping the Kuwaities buy the gas they burn in their car! Ain't that sweet.
Posting Guru
Joined: Feb 2003
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From: The Great Plains
Originally Posted by nightowl_52
If the base price per gallon was very similar around the world, how does Venezuela manage to sell it for 12 cents a gallon ? or Nigeria for 38 cents ? providing those stats are correct.
Freshman User
Joined: Apr 2005
Posts: 36
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From: North Vancouver, Canada
To tell you the truth I have no idea how big a gallon is compared to a Litre, but I will find out the ratio on google in about 20 seconds from now, but from the looks of it there I wish I was able to start my own oil company and just drop prices and make a profit for myself that would support any regular person and watch the large oil companies have to drop their prices. There is a Safeway gas station in Kamloops that never raises their prices unless there are new taxes impossed and they keep the price down in all of Kamloops. Pretty cool cause im heading up there this next weekend - mabye I should sneak a little back.
Posting Guru
Joined: Jul 2003
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From: Alvin, Texas.
Originally Posted by OKMIC1
The last one I know about was a BP refinery in Texas, hardly a small operation, but I do agree that it seems pretty suspicious to me.
I hope you mean "accident" when you say "suspicious"!
~15 got killed during that start-up that should not have been on plant premises.
Bad way to be "suspicious".
Also, as for the "huge profits" being mentioned, well, it's mainly because NO ONE wants to spend those profits on new plants. Even with increased dividends and stock buybacks, Mobil still has about $18.5 BIL that it is sittingo n, doing nothing with.
How many refineries can be built that THAT stash??? Making a buck is fine, because if you go into biz to "break even" or worse, you may as well not even bother, but saving money like that helps no one.
Last edited by AlfredB1979; May 16, 2005 at 01:53 PM.