Gas prices around the world:

NEW YORK (CNN/Money) Gasoline prices in the United States, which have recently
hit record highs, are actually much lower than in many countries. Drivers in
some European cities, like Amsterdam and Oslo, are paying nearly 3 times more
than those in the U.S.

The main factor in price disparities between countries is government policy,
according to AirInc, a company that tracks the cost of living in various places
around the world. Many European nations tax gasoline heavily, with taxes making
up as much as 75 percent of the cost of a gallon of gasoline, said a
spokesperson for AirInc.

In a few Latin America and Middle-East nations, such as Venezuela and Saudi
Arabia, oil is produced by a government-owned company and local gasoline prices
are kept low as a benefit to the nation's citizens, he said. All prices updated
March, 2005.

Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12