Top 5 countries with the most expensive fuel prices

By Jurassic JennJun 8, 2024 17:35 PMTourism
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Top 5 countries with the most expensive fuel prices
Top 5 countries with the most expensive fuel prices. Source: www.theguardian.com

The cost of fuel varies significantly from country to country, and some of them have much higher prices than others. SSPDaily told about the five countries that are known for their expensive gasoline prices.

Hong Kong

Hong Kong has some of the most expensive fuel prices, with an average price of about USD 2.96 per liter. This price is explained by such factors as a limited number of available sites for gas stations, high taxes and high demand for cars. The high cost of living also contributes to the fact that expensive gasoline becomes an additional burden for residents.

The Netherlands

The Netherlands is the second most expensive country on the list, with an average price of USD 2.23 per liter. Taxes and strict environmental regulations have a significant impact on price increases. The country's small size and high population density also contribute to high fuel prices and dependence on cars.

Norway

Norway ranks third in our top list for gasoline prices, averaging about $2.7 per liter. Despite being a major oil producer, high fuel taxes contribute to high prices. Also, high taxes on fuel and the government's environmental policy, which encourages the transition to electric vehicles, contribute to such prices.

Italy

Italy, with an average gasoline price of $2.06, ranks fourth on the list. Italy's geographical location and transportation dependence contribute to the high fuel prices faced by residents and visitors. In addition, Italy's various geographical features, such as mountains and coastline, create difficulties in the introduction of alternative modes of transportation, which also contributes to high prices.

Greece

With average prices of around $2.01, Greece rounds out the top five countries with the most expensive gasoline prices. High fuel taxes significantly affect the price, making it one of the most expensive countries for motorists. Moreover, Greece's economic problems are contributing to higher fuel prices, increasing the financial burden on its residents.

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