Economics

U.S. Gasoline a Bargain as Drivers Pay 63% Less Than Norway

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For all the complaints about U.S. gasoline prices, Americans spent 63 percent less at the pump in July than Norwegians did on a gallon of the fuel.

The U.S. ranked 49th of 60 countries, according to data compiled by Bloomberg, with premium gasoline at $3.75 a gallon on July 23, compared with $10.12 in top-ranked Norway. The U.S. price was behind Japan, China and India, a country where people made 2.9 percent of what Americans earn.