[RightField]

I found this World Gas Prices from 2007. Gee ... look at Venezuela way down at the bottom.

[RU88]

These graphs are somewhat deceptive in that one would have to also look at taxes and subsidies when looking at these prices. Europe's gas and diesel prices are heavily taxed to pay for socialism, i.e. universal health care, early retirement, and the like. Some of the other oil producing countries on the list, i.e. Venezuela, Iran, Saudi, subsidize the price of gas and diesel for domestic consumption. You can also be sure that both China and India will begin to subsidize the price of fuel, if they have not already, to allow for a growing of their middle classes. My point being that the true price is distorted by these variations.