Friday, May 03, 2013

Oil Prices around the world vs Petrol Prices around the world

We are only the 27th largest oil producer on planet Earth yet our unleaded petrol prices are 11th cheapest in the planet. Aren't we glad for subsidies? I decided to share this info with you guys out there after I had a fantastic drive to Ayer Keroh, Melaka yesterday morning. The Mercedes Benz C180's pedal to the metal. It felt good burning some fossil fuel. Although I do wish that Malaysian road tax were cheaper. If it were, an AMG C63 would be nice. All RM15,000.00 worth of annual road tax (approx) of it.



Prices above are from http://www.mytravelcost.com/petrol-prices/. The list below is from good ol' wikipedia.


CountryProduction (bbl/day)Share of
World %
Date of
Information
 World84,820,000[7]100%2011 est.
1 Russia13,730,00012.65%2013[8][9]
2 Saudi Arabia9,300,00011.28%2013[8][10]
3 United States9,023,00010.74%2013
4 Iran4,231,0004.77%2013 est.
5 China4,073,0004.56%2013 est.
6 Canada3,592,0003.90%2013 est.
7 Iraq3,400,0003.75%2013 est.
8 United Arab Emirates3,087,0003.32%2013 est.
9 Mexico2,934,0003.56%2013 est.
10 Kuwait2,682,0002.96%2013 est.
11 Brazil2,633,0003.05%2013 est.
12 Nigeria2,525,0002.62%2013 est.
13 Venezuela2,453,0002.93%2013 est.
14 Norway1,998,0002.79%2013 est.
 Texas1,894,884[11]2.66%2011 est.
15 Algeria1,885,0002.52%2013 est.
16 Angola1,840,0002.31%2013 est.
17 Kazakhstan1,635,0001.83%2013 est.
18 Qatar1,631,0001.44%2013 est.
19 United Kingdom1,099,0001.78%2011 est.
20 Azerbaijan987,0001.20%2011 est.
21 Indonesia982,9001.66%2013 est.
22 Colombia1,011,9920.97%2013 est.
23 India897,3001.04%2013 est.
25 Oman890,5000.95%2013 est.
26 Argentina796,3000.93%2013 est.
27 Malaysia693,7000.82%2013 est.
28 Egypt680,5000.81%2013 est.
29 Libya502,400[12]0.59%2013 est.
30 Ecuador485,7000.58%2013 est.
31 Australia589,2000.70%2013 est.
31 Syria400,4000.48%2013 est.
32 Thailand380,0000.45%2013
33 Equatorial Guinea346,0000.41%2013
34 Vietnam300,6000.36%2013
35 Yemen288,4000.34%2013
36 Taiwan276,8000.33%2009
37 Congo, Republic of the274,4000.33%2009
38 Denmark262,1000.31%2009
39 Gabon241,7000.29%2009
 Oklahoma204,000[11]0.23%2011
40 Turkmenistan197,7000.22%2009
 New Mexico194,000[11]0.22%2011
41 South Africa191,0000.22%2009
 Louisiana188,000[11]0.21%2011
42 Germany156,8000.19%2009
43 Trinidad and Tobago151,6000.18%2009
 Wyoming150,000[11]0.17%2011
44 Peru148,0000.17%2009
45 Italy146,5000.17%2009
46 Brunei146,0000.17%2009
47 Japan132,7000.16%2009
48 Romania117,0000.14%2009
49 Chad115,0000.13%2009
 Kansas115,000[11]0.13%2011
50 Sudan111,7000.13%2009
 Colorado105,000[11]0.12%2011
51 Ukraine99,9300.12%2009
52 Timor-Leste96,2700.11%2009
53 Tunisia91,3800.11%2009
54 Cameroon77,3100.09%2009
 Utah72,000[11]0.08%2011
55 Uzbekistan70,9100.08%2009
56 France70,8200.08%2009
 Montana66,000[11]0.08%2011
 Mississippi64,000[11]0.07%2011
57 New Zealand61,1500.07%2009
58 Suriname59,1900.07%2009
59 Pakistan59,1400.07%2009
60 Cote d'Ivoire58,9500.07%2009
61 Netherlands57,1900.07%2009
62 Turkey52,9800.06%2009
63 Bahrain48,5600.06%2009
64 Cuba48,3400.06%2009
65 Korea, South48,1800.06%2010
66 Bolivia47,0500.06%2010
67 Papua New Guinea35,0900.04%2009
68 Poland34,1400.04%2009
69 Belarus31,4000.04%2009
70 Spain27,2300.03%2009
 Illinois25,000[11]0.03%2011
71 Croatia23,9600.03%2009
 Alabama23,000[11]0.03%2011
72 Austria21,8800.03%2009
73 Hungary21,4300.03%2010
74 Burma18,8800.02%2009
 Michigan18,000[11]0.02%2011
75 U.S. Virgin Islands16,8700.02%2009
76 Mauritania16,5100.02%2009
77 Congo, Democratic Republic of the16,3600.02%2009
 Arkansas16,000[11]0.02%2011
78 Guatemala13,5300.02%2009
 Ohio13,000[11]0.02%2011
79 Serbia11,4000.01%2010
80 Belgium11,2200.01%2009
81 Czech Republic10,9700.01%2009
82 Singapore10,9100.01%2009
83 Chile10,8500.01%2009
 Pennsylvania10,000[11]0.01%2011
84 Philippines9,6710.01%2010
85 Finland8,7180.01%2009
86 Estonia7,6000.01%2009
87 Ghana7,0810.01%2009
 Nebraska7,000[11]0.01%2011
88 Greece6,7790.01%2009
89 Lithuania6,3330.01%2009
 Kentucky6,000[11]0.01%2011
 Florida6,000[11]0.01%2011
90 Bangladesh5,7330.01%2009
91 Albania5,4000.01%2009
92 Mongolia5,1000.01%2009
 Indiana5,000[11]0.01%2011
 West Virginia5,000[11]0.01%2011
93 Sweden4,8330.01%2009
94 Portugal4,7210.01%2009
95 Slovakia4,1140.00%2009
96 Morocco4,0530.00%2009
 South Dakota4,000[11]0.00%2011
97 Belize3,9900.00%2009
98 Israel3,8060.00%2009
99 Switzerland3,4880.00%2009
100 Bulgaria3,2270.00%2009
101 Aruba2,2350.00%2009
102 Puerto Rico1,7830.00%2009
103 Uruguay9970.00%2010
104 Georgia9950.00%2009
105 Kyrgyzstan9790.00%2009
106 Barbados7650.00%2009
107 Ireland4310.00%2010
108 Tajikistan2210.00%2009
109 Zambia1600.00%2009
110 Korea, North1180.00%2009
111 Somalia1080.00%2009
112 Paraguay310.00%2009
113 Sierra Leone290.00%2009
114 Slovenia50.00%2009
115 Panama20.00%2009

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