Saturday, October 08, 2005
To folks in the USA suffering from gasoline-price shock, CNN presents a little table of "Gas Prices Around the World" that offers cold comfort.
Even at $3.00 a gallon, the US is far behind the average $5.50 charged in the United Kingdom. Most European prices are in the $4-5 range. In Asia, the average price is $2-3.
To get rock-bottom gas, you'd need to live in Moscow, Tajikistan, or Azerbaijan; and good luck on finding Western-style amenities.
In Venezuela the price is 14 cents a gallon, although the government monopoly charges far more at its 14,000 Citgo stations in the USA.
Rising prices hit hard at commuters and fixed-income retirees. What are you doing: driving less, riding a bus, or (gasp) walking? Comments are welcome.