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Economy

India has the highest petrol-price-to-income ratio in the world

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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.

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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)

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