“The Cheapest Gasoline Is in Oil-Rich Nations
Libya tops the list at just $0.09 per gallon, followed by Iran and Venezuela, all below $0.15.”
The USA is not Oil Rich?
Maybe we need a plot of Price v. Per Capita production?
Plot: Gasoline Prices vs. Per Capita Oil Production (2026 Estimate)
Note: This description outlines a typical, non-linear scatter plot based on global data. Axes are logarithmic/ranked to reflect the massive range of data.
X-axis: Crude Oil Production Per Capita (Barrels per year/person)
Y-axis: Gasoline Price ($USD/liter)
text
^ High | ðŸ‡ðŸ‡° HK, 🇳🇴 NO (Low Prod/High Tax)
| * * * * * (Europe, East Asia)
$ |
/liter |
| 🇺🇸 US (High Prod/Low Cost)
|
0.5 | 🇸🇦 SA, 🇷🇺 RU, 🇮🇷 IR, 🇱🇾 LY (High Prod/Low Cost)
|
0 |_______________________________________________________>
Low Oil Prod Per Capita High
Use code with caution.
Fracking is expensive. The ME oil practically gushes by itself.