World’s Most Expensive Gas Price in the US 2011

World’s Most Expensive gas price in the US 2011. Most people fill up their tank during the daily life and never sit down and total up how much money they spend on their expensive gas fuel. As the production of oil is seems to be nearing its peak, there have been expensive gas prices for all of us.

Those of us who live in the continental United States have a leg up on our island-dwelling brethren who live in the paradise of Hawaii: gas prices. As a result of the immense cost of shipping thousands of weighty barrels of fuel across the pacific ocean, gas prices in Hawaii are roughly 20% higher than those in the mainland, giving Hawaii the dubious honor of having the most expensive gas in the US.

Hawaii’s state public utilities commission enacted a gas price cap law on September 1, 2005 in an effort to curtail sharply rising prices on the islands. The cap is changed weekly, and is based upon average prices for regular unleaded in Los Angeles, New York City, and the Gulf Coast region. The gas cap was imposed despite much opposition, both from industry opponents and consumers who failed to see how the cap would reduce prices. However, the point of the cap is not actually to reduce prices. By linking Hawaii’s gas prices to those on the mainland, the utilities commission hopes to eliminate price fixing that would unfairly increase the cost of filling up for the state’s citizens. Public figures are hopeful that the cap will work and perhaps, eventually, give Alaska the title of most expensive gas in the United States.

Next week’s retail gas prices are predicted to range from $3.40 a gallon for regular on Oahu to $3.77 on Lanai, according to reports from Honolulu’s Star-Bulletin. The state average price for the most expensive gas in the US is $3.24 a gallon, 32 cents higher than the national average. Biggest One-Week Oil Price Rise in Two Years Hits Consumers ... the state with the most expensive gas in the country – sometimes triple the ... The state with the least expensive gas is Wyoming, at $2.98 a gallon.

Gas prices in Turkey rose by 0.09 Turkish Liras per liter on Wednesday, according to data gathered by the Anatolia news agency.

Shell, a leading distributor in the country, raised the price for one liter of 95 octane gas to 4.03 liras from 3.95 in Istanbul and Ankara, to 4.02 from 3.94 in Izmir and to 4.11 from 4.03 in Van.

Petrol Ofisi, Opet and BP, other leading distributors, implemented similar price increases.

A liter of 97 octane gas rose to between 4.06 and 4.17 liras.

The prices differ slightly from city to city and company to company.

People in Turkey consume the most expensive gas among European countries, at nearly 1.90 euros per liter. Greece follows Turkey with gas prices at 1.58 euros, according to official figures by the Energy Ministry.

In Belarus, the cheapest gas country on the continent, gasoline prices are only around 0.62 euros per liter. According to AAA, the current average gas price in America is $2.68 a ... The World's Most Expensive Gas: Asmara, Eritrea: $9.59/gallon.

Driving a luxury car has its perks. Like extreme tush comfort. And basking in the envy of others. But it usually comes at a cost, and not just the one on the window sticker at the dealership. Odds are that your luxury barge will get lower gas mileage, and that you’ll probably be slapped with a gas-guzzler tax as well.

But at least fuel prices aren’t what they used to be, right? According to AAA, the current average gas price in America is $2.68 a gallon for regular unleaded fuel. That’s not even a dime more than gas cost a year ago, which is a far cry from the nation’s record high of $4.11 a gallon back in July of 2008. So I guess we should be grateful. I mean, some parts of Europe are paying well over double our national average.

So why’s there such a big price discrepancy for the same product? Well, besides the availability of gas in different regions, gas prices are heavily influenced by the government’s role in setting the price of gas. For example, in Venezuela, where gas costs as little as six cents a gallon, gasoline is heavily subsidized making it much more affordable. On the other hand, here in the U.S., we pay a federal tax of 18 cents per gallon plus any additional state or local taxes charged by our local municipalities. And while our gas prices may be creeping higher, I’ll still take the U.S. prices over what most of Europe is paying.

Check out our lists of the world’s highest and lowest gas prices：

The World’s Most Expensive Gas:

1. Asmara, Eritrea: $9.59/gallon
2. Oslo, Norway: $7.41/gallon
3. Copenhagen, Denmark: $6.89/gallon
4. Hong Kong: $6.87/gallon
5. Monaco, Monte Carlo: $6.82/gallon