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==Pricing in the United States==
==Pricing in the United States==
As of July 2008, the nationwide average price of gasoline was $4.05 per US gallon ($10.7 per liter).
As of July 2008, the nationwide average price of gasoline was $4.05 per US gallon ($10.7 per liter).
State fuel taxes are on average 28.6 cents per US gallon, which combined with 18.4¢ Federal tax gives an average rate of 47 cents per US gallon (12.4 ¢/L).[http://www.gasbuddy.com/]
State fuel taxes are on average 28.6 cents per US gallon, which combined with 18.4¢ Federal tax gives an average rate of 47 cents per US gallon (12.4 ¢/L).<ref>http://www.gasbuddy.com/</ref>
==Pricing around the world==
==Pricing around the world==
Gasoline in Canada costs on average 1.40 C$/L (5.22 US$/US gal). Fuel taxation is higher than in the US, but varies greatly from between 16.2 and 30.5 ¢/L (0.612 and 1.153 US$/US gal).[http://www.gasbuddy.com/]
Gasoline in Canada costs on average 1.40 C$/L (5.22 US$/US gal). Fuel taxation is higher than in the US, but varies greatly from between 16.2 and 30.5 ¢/L (0.612 and 1.153 US$/US gal).<ref>http://www.gasbuddy.com/</ref>
In contrast with North America, gasoline prices in [[Europe]] are much higher – between two and four times more expensive, a consequence of high fuel taxation. [[Norway]] has the highest prices (13.78 NOK/L, 10.33 US$/US gal), due to a tax rate of 170% (US$1.42 per liter).[http://www.shell.com/home/Framework?siteId=no-no&FC2=/no-no/html/iwgen/shell_for_businesses/priser/zzz_lhn.html&FC3=/no-no/html/iwgen/shell_for_businesses/priser/veiledende_priser.html]
In contrast with North America, gasoline prices in [[Europe]] are much higher – between two and four times more expensive, a consequence of high fuel taxation. [[Norway]] has the highest prices (13.78 NOK/L, 10.33 US$/US gal), due to a tax rate of 170% (US$1.42 per liter).<ref>http://www.shell.com/home/Framework?siteId=no-no&FC2=/no-no/html/iwgen/shell_for_businesses/priser/zzz_lhn.html&FC3=/no-no/html/iwgen/shell_for_businesses/priser/veiledende_priser.html</ref>
The average price in the [[United Kingdom]] is 1.50 €/L (8.82 US$/US gal). Fuel duty is paid per liter, and 17.5% VAT is paid on the fuel ''and'' on the fuel duty. With a fuel price of 1.50 €/L, this combines to make an average tax rate of 134% (0.86 €/L).[http://www.petrolprices.com/fuel.html]
The average price in the [[United Kingdom]] is 1.50 €/L (8.82 US$/US gal). Fuel duty is paid per liter, and 17.5% VAT is paid on the fuel ''and'' on the fuel duty. With a fuel price of 1.50 €/L, this combines to make an average tax rate of 134% (0.86 €/L).<ref>http://www.petrolprices.com/fuel.html</ref>
Some countries subsidise their gasoline, including Middle-Eastern Iran, Kuwait, Saudi Arabia and Egypt, and Asian counties Burma, Malaysia, China, and South Korea. The Venezuelan government, with vast oil reserves, maintains the world's cheapest gasoline, at 0.12 US$/US gal.[http://www.businessweek.com/bwdaily/dnflash/content/may2008/db20080523_344156.htm]
Some countries subsidise their gasoline, including Middle-Eastern Iran, Kuwait, Saudi Arabia and Egypt, and Asian counties Burma, Malaysia, China, and South Korea. The Venezuelan government, with vast oil reserves, maintains the world's cheapest gasoline, at 0.12 US$/US gal.<ref>http://www.businessweek.com/bwdaily/dnflash/content/may2008/db20080523_344156.htm</ref>