60
39
th
Annual Report
Acomparison of final price of gasoline in some OECD countries
showed that it was the lowest in US market, owing to the low
taxes in that market.
In October 2012, taxes amounted to about 11% of the final
consumer price of gasoline in United States of America, compared
with 31.3% in Canada, 42.6% in Japan, 49.2% in Spain, and over
54% in some other European countries (55.4% in Germany, 58.6%
in United Kingdom, 54.2% in France, and 57.1% in Italy), as shown
in
Table (1-12)
and
Figure (1-11)
.
Figure 1-10
Premium Gasoline Prices, 2011-2012
($/b)
130
140
150
110
120
Average 2011 First quarter
2012
Second quarter Third quarter Fourth quarter
Singapore
Rotterdam US Gulf
Mediterranean
