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World’s cheapest petrol prices

This is one list where I’m glad we’re at the top of. I also can’t believe the gas prices in Venezuela are THAT cheap. If I lived in Venezuela I could fill up my FJ’s gas tank for just 250fils! That’s a lot cheaper than bottled water…

1. Venezuela US$0.06
2. Saudi Arabia US$0.45
3. Kuwait US$0.81
4. Egypt US$1.14
5. UAE US$1.77
6. Iran US$2.15
7. Nigeria US$2.34
8. Malaysia US$2.36
9. Mexico US$3.22
10. United States US$3.29

(Prices above are per gallon)

via ArabianBusiness

30 replies on “World’s cheapest petrol prices”

Glad? That’s insanely selfish. You can’t say that and then complain about traffic and pollution. We need to abolish the fuel subsidy and find better ways to redistribute wealth, either through a lump sum ‘fuel rebate’ or some other mechanism. Free energy is killing us.

No, it’s not. It’s just the set of rules we’re allowing ourselves to live by.

There are alternatives that allow us to maintain benefits while improving overall quality of life. We won’t get anywhere standing idly by and saying c’est la vie.

So you want to pay 1KD per gallon like the US? And financially murder Kuwaiti’s? Kuwaitis are in debt as it is. We don’t need another expensive crap to think about, paying 300K for a house is enough as it is.

Instead of the government wasting money artificially lowering the price of petrol/electricity/water, they can just give us the money as a monthly bonus.

That way, people who waste get to pay more, people who use average get the same, and people who save energy make money. Nothing changes except we reward good behavior and punish wasteful behavior.

Distributing the money? or investing it on a good public transportation system? High fuel prices might be the key to persuade people to use the public transportation system (once that is in place).

Dude..This is just Dreams.. ppl will fight with each other.. open your eyes .. look at our arab brothers .. how they were and how they are now after liberation!

As it is people leave the engine running when they pop into a bakala or stop to chat with friends. If fuel was any cheaper they’d leave it running while they’re at work or at the movies.

Qatar should be in that list too! We’re almost half half of what it would cost to fill your car in UAE! But am not sure compared to Kuwait!

The gas prices need to be increased by atleast a factor of 3. First, it would decrease unnecessary driving. That means a whole lot of less traffic. Second, it would add mean a shift towards smaller cars [ no more bu3agad in his safari patrol running wild in the emergency lane]. Third, it would mean that the Kuwait would export more oil and the wealth of the country as a whole would increase [ because we wouldn’t be consuming as much]

And Mark, it would be way less than 250 because the legal conversion is never used unless you go an exchange house..m normaly one dollar = 21 bolivares
And the legal exchange is $1= 6.5 bolivares

(Inflation and devaluation at its best)

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