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Surprising. Most oil-producing countries have dirt-cheap domestic fuel prices.
by markdown 7y ago
Surprising. Most oil-producing countries have dirt-cheap domestic fuel prices.
- FartyMcFarter 7y agoNorway is more forward thinking than most countries. They know that oil is not going to make their country rich forever.
- kwhitefoot 7y agoBut domestic fuel is not cheap here (Norway). Petrol is nearly USD 2/litre, close to USD 8 per US gallon. Electricity is slightly cheaper than some other European countries but that is changing as more and more HVDC interconnects are built and the prices are affected by the market.