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Gas prices around the world
Think you pay a lot for gas? Perhaps you'd prefer to live in Venezuela.
NEW YORK (CNN/Money) Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. Drivers in some European cities, like Amsterdam and Oslo, are paying nearly 3 times more than those in the U.S.

The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.

In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens, he said. All prices updated March, 2005.

Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Lebanon Beirut $2.63
Brazil Brasilia $3.12
Belgium Brussels $5.91
Romania Bucharest $4.09
Hungary Budapest $4.94
Egypt Cairo $0.65
Venezuela Caracas $0.12
Denmark Copenhagen $5.93
Ireland Dublin $4.78
Germany Frankfurt $5.57
Switzerland Geneva $4.74
Cuba Havana $3.03
South Africa Johannesburg $2.62
Kuwait Kuwait City $0.78
Nigeria Lagos $0.38
Portugal Lisbon $5.35
United Kingdom London $5.79
Spain Madrid $4.55
Italy Milan $5.96
Russia Moscow $2.10
Nicaragua Managua $2.61
Norway Oslo $6.27
Panama Panama City $2.19
France Paris $5.54
Czech Republic Prague $4.19
Saudi Arabia Riyadh $0.91
Puerto Rico San Juan $1.74
Bulgaria Sofia $3.52
Sweden Stockholm $5.80
Taiwan Taipei $2.84
Estonia Tallinn $3.62
Japan Tokyo $4.24
Croatia Zagreb $4.81
Andorra $4.08
Luxembourg $4.82


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