How much does gasoline cost in the oil producing countries ie Iran, Saudi Arb.?
Answer:
Wellhead production cost of petroleum is no more than $(US)5/bbl (42 gallons) amortized in producing States. Consumer gasoline in producing States costs $0.15-$1.00/gallon.
$10/Barrell
about 30 cents (USD) per gallon
In Norway (which is tenth largest oil producer and third largest oil exporter in the world), it's about twice as expensive as it is in the U.S. due to high excise taxes.
There are riots going on in Teheran right now because of gasoline shortages, high prices and rationing. This, with the oil right under their feet and the refineries right down the road! But somehow, it's still Israel's and the USA's fault. Dolts.
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