Global Energy Costs. Wow! Imagine 1cent a gallon gas!

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It doesn’t happen in many places but in Libya gas is one cent a gallon and in Iran it’s two cents a gallon! But generally, the Western world is looking at very elevated prices right now. Check out the link below for more details.

For some countries, energy prices hit historic levels in 2022.

Gasoline, electricity, and natural gas prices skyrocketed as Russia’s invasion of Ukraine ruptured global energy supply chains. Households and businesses are facing higher energy bills amid extreme price volatility. Uncertainty surrounding the war looms large, and winter heating costs are projected to soar.

Given the global consequences of the energy crisis, the above infographic shows the price of energy for households by country, with data from GlobalPetrolPrices.com.

From Visual Capitalist comes this amazing map of global energy prices.