- Wealth PMS (50L+)
Bloomberg has an interesting visualization of what oil costs in various countries, and India’s been among the top in terms of number of days wages it will take to buy a gallon of petrol.
Yes, diesel’s cheaper, and we’ve actually gone to LNG/LPG for vehicles; but those mechanisms need to get way more popular.
And if you thought the oil producing countries would have it cheap, think again. On top spot in terms of $ per gallon is Norway, which is – tra la – and oil producing country. (They have a LOT of taxes)