Content |
Main article: Oil prices
Gasoline prices in Russia
Main article: Petroleum products in Russia
2024: U.S. price $3.5 a gallon
2023
U.S. gas prices remain above $3 a gallon
What makes up the price of gasoline in the United States
2022
U.S. prices update record: $5.18 a gallon, up 44% year to date
In early June 2022, average gasoline prices in the United States updated the record to $5.18 per gallon (3.79 liters). Cost growth was 44% since the beginning of 2022.
On May 8, 2022, three weeks before the peak of the driving season, gasoline prices in the United States approached a record level.
The average retail price for gasoline in the country rose to $4.328 per gallon, a fraction of a cent short of the record high of $4.331 per gallon reached in early March, shortly after the U.S. banned Russian oil supplies, according to auto club AAA.
UK petrol prices soar to £1.67 a litre
On March 8, 2022, the price of diesel fuel in Britain reached another record. The average price of motor fuel rose to 165.24p per litre ($2.17), 3p higher than the previous day. It is the second-highest daily increase since 2000, according to the RAC. Diesel prices are especially at risk of a sharp increase, since about a third of imports of this fuel to Britain come from Russia, against which sanctions were imposed against the background of a special operation of the Russian Armed Forces in Ukraine.
Gasoline prices Great Britain are growing at a record pace over the past 13 years. The cost of petrol rose 2.5% in the first week of March 2022 and 24% for the year.
Russia took 11th place in the cheapness of gasoline
By mid-March 2022, Russia is in 11th place in the world in terms of the cheapness of gasoline with an octane number of 95. The price of a gallon in the Russian Federation is $1,631, or $0.431 per liter, according to the data of the GlobalPetrolPrices portal.
The cheapest gasoline in the world ended up in, To Venezuela where $0.095 is asked for a gallon by mid-March 2022. In the second and third positions in the list are located (Libya $0.132) and (Iran$0.194). The top 10 also included,,, Syria,, and Algeria Angola. Kuwait Kazakhstan Nigeria Turkmenistan
The most expensive gasoline is in Hong Kong - $10.898 per gallon, in Monaco ($9.375) and in Holland ($9.205).
At the same time, in terms of purchasing power, which implies the percentage of monthly income required to refuel a 40-liter tank with gasoline, the United States ranks fourth. Americans spend just 0.9% of their monthly income on gasoline. Only residents of Luxembourg (0.8%), Kuwait (0.7%) and Qatar (0.6%) leave less. According to this indicator, Russia is on the 17th line, since its citizens spend 2% of their monthly income on gasoline.
By March 14, 2022, the United States is in 83rd position in terms of cheapness of 95th gasoline. It is priced at $4.689 per gallon ($1.239 per litre). The cost of gasoline in the United States is growing following world oil prices, but Washington explains this by Russia's actions in the geopolitical space, but not by anti-Russian sanctions that have reduced the attractiveness of Russian oil on the international market.
U.S. retail gasoline prices have been rising since December 2020, when they were $2.2 per gallon, or $0.58 per liter on a monthly average. Washington has repeatedly blamed OPEC + countries for this, reproaching them for deliberately inflating oil prices. At the same time, the United States asked the alliance to adjust its strategy to control supply in the oil market in such a way as to reduce prices. But these calls did not find a response in OPEC[1]
The rise of gasoline prices in the United States
The average price of a gallon of regular gasoline rose to a record $4.25 as of March 8, 2022, up 59 cents in just a week, according to the AAA. In California, where drivers pay some of the highest gasoline prices in the country, the average price jumped to $5.57.
That means refueling can cost up to $100 dollars or more.
2018: Petrol Price World Map
See also
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |