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Here’s how U.S. gasoline prices compare to other parts of the world, says GasBuddy -MarketWatch

A Chevron station in Los Angeles displays a gasoline price per gallon of over $7 in June 2022.
A Chevron station in Los Angeles displays a gasoline price per gallon of over $7 in June 2022.(AFP)

Myra P. Saefong , MarketWatch

SAN FRANCISCO
EnergiesNet.com 02 09 2023

The average U.S. price for a gallon of regular gasoline is up nearly 5% from a month ago, but American drivers still don’t pay anywhere near as much as they do in other countries around the world, according to data from GasBuddy published on Thursday.

Drivers in the U.S. are “familiar with the ups and downs of U.S. gas prices — ranging from $3 to $5 per gallon and back again just in 2022 alone,” says travel and navigation app GasBuddy. “Paying $7 per gallon, like in some places in California, seems outrageously expensive to most Americans.”

In the U.S., the average price for regular unleaded sells Thursday for $3.397 a gallon, according to data from travel and navigation app GasBuddy. That’s up 14.8 cents a gallon from a month ago, though also down 7.1 cents from a week ago, data show. California drivers were paying an average $4.537 on Thursday.

In other parts of the world, however, GasBuddy points out that countries such as Germany, the United Kingdom and Spain pay quite a bit more on average.

GASBUDDY

GasBuddy compiled average gas prices for 10 other countries and converted to gallon and U.S. dollars, citing data from gasbuddy.com and globalpetrolprices.com:

Germany tops the list with the highest price. Drivers in that country pay an average gas price of 1.740 euros per liter, which equals about $7.07 a gallon.

The U.K. pays an average of 1.48 British pounds per liter, or $6.74 a gallon, while Spain pays 1.63 euros per liter, or $6.62 a gallon. Drivers in China pay 8.19 Chinese renminbi, or $4.56 a gallon.

U.S. neighbors Canada and Mexico are also paying more to fill their gas tanks.

Canadians pay an average gas price of 1.46 Canadian dollars per liter, or $4.77 per gallon and in Mexico, divers pay 23.97 Mexican pesos per liter, or $4.81 a gallon, according to GasBuddy.

marketwatch.com 02 09 2023

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