🇺🇸 THE US STILL HAS SOME OF THE CHEAPEST GAS IN THE WORLD. ITS DIESEL NOW COSTS MORE THAN THE WORLD AVERAGE
GlobalPetrolPrices data for 21 September, in US dollars per gallon. Gas costs $4.81 in the US, against $8.69 in the UK, $9.88 in Germany, $10.51 in the Netherlands, $11.88 in Norway and $16.71 in Hong Kong. The US ranks 44th cheapest of 170 countries, well under the world average of $6.02.
Diesel is different. US diesel is $6.53, which ranks 102nd of 169 and sits above the world average of $6.28. China pays $4.50, South Korea $5.30, Mexico $5.87, India $3.89 and Japan $3.83. In Japan diesel is cheaper than gas. In the US it costs 36% more.
AAA has the US diesel average at $6.50 today, up from $3.69 a year ago. Regular gas is $4.49, up from $3.16.
Drivers see the gas price. Diesel is what trucks, farm machinery and freight trains run on, so it feeds into the price of nearly everything else. That's the fuel that has risen furthest this year, and it's where the US has lost its price advantage.