Energy
Mapped: Global Energy Prices, by Country in 2022
How to use: Arrows on side navigate between each type of energy.
Mapped: Global Energy Prices, by Country in 2022
This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.
For some countries, energy prices hit historic levels in 2022.
Gasoline, electricity, and natural gas prices skyrocketed as Russia’s invasion of Ukraine ruptured global energy supply chains. Households and businesses are facing higher energy bills amid extreme price volatility. Uncertainty surrounding the war looms large, and winter heating costs are projected to soar.
Given the global consequences of the energy crisis, the above infographic shows the price of energy for households by country, with data from GlobalPetrolPrices.com.
1. Global Energy Prices: Gasoline
Which countries and regions pay the most for a gallon of gas?
Rank | Country/ Region | Gasoline Prices (USD per Gallon) |
---|---|---|
1 | 🇭🇰 Hong Kong | $11.1 |
2 | 🇨🇫 Central African Republic | $8.6 |
3 | 🇮🇸 Iceland | $8.5 |
4 | 🇳🇴 Norway | $8.1 |
5 | 🇧🇧 Barbados | $7.8 |
6 | 🇩🇰 Denmark | $7.7 |
7 | 🇬🇷 Greece | $7.6 |
8 | 🇫🇮 Finland | $7.6 |
9 | 🇳🇱 Netherlands | $7.6 |
10 | 🇧🇪 Belgium | $7.4 |
11 | 🇬🇧 United Kingdom | $7.2 |
12 | 🇪🇪 Estonia | $7.2 |
13 | 🇨🇭 Switzerland | $7.2 |
14 | 🇸🇬 Singapore | $7.2 |
15 | 🇸🇪 Sweden | $7.1 |
16 | 🇸🇨 Seychelles | $7.1 |
17 | 🇮🇱 Israel | $7.0 |
18 | 🇩🇪 Germany | $7.0 |
19 | 🇺🇾 Uruguay | $7.0 |
20 | 🇼🇫 Wallis and Futuna | $7.0 |
21 | 🇱🇮 Liechtenstein | $6.9 |
22 | 🇮🇪 Ireland | $6.8 |
23 | 🇵🇹 Portugal | $6.8 |
24 | 🇱🇻 Latvia | $6.7 |
25 | 🇧🇿 Belize | $6.7 |
26 | 🇦🇱 Albania | $6.6 |
27 | 🇦🇹 Austria | $6.6 |
28 | 🇲🇨 Monaco | $6.6 |
29 | 🇪🇸 Spain | $6.5 |
30 | 🇨🇿 Czech Republic | $6.5 |
31 | 🇲🇼 Malawi | $6.5 |
32 | 🇰🇾 Cayman Islands | $6.4 |
33 | 🇸🇰 Slovakia | $6.4 |
34 | 🇲🇺 Mauritius | $6.3 |
35 | 🇱🇺 Luxembourg | $6.3 |
36 | 🇱🇹 Lithuania | $6.3 |
37 | 🇦🇩 Andorra | $6.3 |
38 | 🇮🇹 Italy | $6.3 |
39 | 🇺🇬 Uganda | $6.2 |
40 | 🇭🇺 Hungary | $6.2 |
41 | 🇯🇴 Jordan | $6.2 |
42 | 🇸🇾 Syria | $6.1 |
43 | 🇫🇷 France | $6.0 |
44 | 🇧🇮 Burundi | $6.0 |
45 | 🇧🇸 Bahamas | $6.0 |
46 | 🇳🇿 New Zealand | $5.8 |
47 | 🇸🇲 San Marino | $5.8 |
48 | 🇭🇷 Croatia | $5.8 |
49 | 🇷🇴 Romania | $5.7 |
50 | 🇾🇹 Mayotte | $5.7 |
51 | 🇷🇼 Rwanda | $5.7 |
52 | 🇿🇲 Zambia | $5.7 |
53 | 🇷🇸 Serbia | $5.7 |
54 | 🇱🇦 Laos | $5.6 |
55 | 🇲🇳 Mongolia | $5.6 |
56 | 🇰🇪 Kenya | $5.6 |
57 | 🇨🇾 Cyprus | $5.6 |
58 | 🇯🇲 Jamaica | $5.5 |
59 | 🇲🇰 Northern Macedonia | $5.5 |
60 | 🇨🇱 Chile | $5.5 |
61 | 🇧🇦 Bosnia | $5.5 |
62 | 🇱🇨 Saint Lucia | $5.4 |
63 | 🇵🇱 Poland | $5.4 |
64 | 🇩🇴 Dominican Republic | $5.4 |
65 | 🇨🇦 Canada | $5.4 |
66 | 🇲🇦 Morocco | $5.4 |
67 | 🇦🇼 Aruba | $5.4 |
68 | 🇸🇮 Slovenia | $5.3 |
69 | 🇧🇬 Bulgaria | $5.3 |
70 | 🇵🇪 Peru | $5.3 |
71 | 🇱🇰 Sri Lanka | $5.3 |
72 | 🇨🇷 Costa Rica | $5.2 |
73 | 🇲🇬 Madagascar | $5.2 |
74 | 🇬🇳 Guinea | $5.2 |
75 | 🇳🇵 Nepal | $5.2 |
76 | 🇲🇿 Mozambique | $5.2 |
77 | 🇳🇮 Nicaragua | $5.2 |
78 | 🇲🇱 Mali | $5.1 |
79 | 🇸🇳 Senegal | $5.1 |
80 | 🇺🇦 Ukraine | $5.1 |
81 | 🇩🇲 Dominica | $5.0 |
82 | 🇲🇪 Montenegro | $5.0 |
83 | 🇲🇹 Malta | $5.0 |
84 | 🇲🇩 Moldova | $5.0 |
85 | 🇨🇩 DR Congo | $5.0 |
86 | 🇨🇼 Curacao | $4.9 |
87 | 🇨🇻 Cape Verde | $4.9 |
88 | 🇧🇩 Bangladesh | $4.9 |
89 | 🇱🇷 Liberia | $4.8 |
90 | 🇰🇭 Cambodia | $4.8 |
91 | 🇮🇳 India | $4.8 |
92 | 🇨🇺 Cuba | $4.8 |
93 | 🇭🇳 Honduras | $4.7 |
94 | 🇬🇪 Georgia | $4.7 |
95 | 🇿🇦 South Africa | $4.7 |
96 | 🇹🇿 Tanzania | $4.7 |
97 | 🇫🇯 Fiji | $4.7 |
98 | 🇨🇳 China | $4.7 |
99 | 🇲🇽 Mexico | $4.6 |
100 | 🇬🇹 Guatemala | $4.6 |
Source: GlobalPetrolPrices.com. As of October 31, 2022. Represents average household prices.
At an average $11.10 per gallon, households in Hong Kong pay the highest for gasoline in the world—more than double the global average. Both high gas taxes and steep land costs are primary factors behind high gas prices.
Like Hong Kong, the Central African Republic has high gas costs, at $8.60 per gallon. As a net importer of gasoline, the country has faced increased price pressures since the war in Ukraine.
Households in Iceland, Norway, and Denmark face the highest gasoline costs in Europe. Overall, Europe has seen inflation hit 10% in September, driven by the energy crisis.
2. Global Energy Prices: Electricity
Extreme volatility is also being seen in electricity prices.
The majority of the highest household electricity prices are in Europe, where Denmark, Germany, and Belgium’s prices are about double that of France and Greece. For perspective, electricity prices in many countries in Europe are more than twice or three times the global average of $0.14 per kilowatt-hour.
Over the first quarter of 2022, household electricity prices in the European Union jumped 32% compared to the year before.
Rank | Country/ Region | Electricity Prices (kWh, USD) |
---|---|---|
1 | 🇩🇰 Denmark | $0.46 |
2 | 🇩🇪 Germany | $0.44 |
3 | 🇧🇪 Belgium | $0.41 |
4 | 🇧🇲 Bermuda | $0.40 |
5 | 🇰🇾 Cayman Islands | $0.35 |
6 | 🇯🇲 Jamaica | $0.34 |
7 | 🇬🇧 United Kingdom | $0.32 |
8 | 🇪🇸 Spain | $0.32 |
9 | 🇳🇱 Netherlands | $0.32 |
10 | 🇧🇧 Barbados | $0.32 |
11 | 🇪🇪 Estonia | $0.32 |
12 | 🇱🇹 Lithuania | $0.31 |
13 | 🇦🇹 Austria | $0.31 |
14 | 🇮🇹 Italy | $0.30 |
15 | 🇨🇿 Czech Republic | $0.29 |
16 | 🇨🇻 Cape Verde | $0.28 |
17 | 🇮🇪 Ireland | $0.28 |
18 | 🇸🇪 Sweden | $0.27 |
19 | 🇧🇸 Bahamas | $0.26 |
20 | 🇬🇹 Guatemala | $0.26 |
21 | 🇱🇮 Liechtenstein | $0.26 |
22 | 🇨🇾 Cyprus | $0.25 |
23 | 🇷🇼 Rwanda | $0.25 |
24 | 🇭🇳 Honduras | $0.24 |
25 | 🇺🇾 Uruguay | $0.24 |
26 | 🇵🇹 Portugal | $0.24 |
27 | 🇸🇻 El Salvador | $0.23 |
28 | 🇱🇻 Latvia | $0.22 |
29 | 🇫🇮 Finland | $0.22 |
30 | 🇱🇺 Luxembourg | $0.22 |
31 | 🇧🇿 Belize | $0.22 |
32 | 🇯🇵 Japan | $0.22 |
33 | 🇨🇭 Switzerland | $0.22 |
34 | 🇵🇪 Peru | $0.21 |
35 | 🇰🇪 Kenya | $0.21 |
36 | 🇦🇺 Australia | $0.21 |
37 | 🇧🇷 Brazil | $0.20 |
38 | 🇲🇱 Mali | $0.20 |
39 | 🇸🇬 Singapore | $0.19 |
40 | 🇷🇴 Romania | $0.19 |
41 | 🇧🇫 Burkina Faso | $0.19 |
42 | 🇸🇮 Slovenia | $0.19 |
43 | 🇬🇦 Gabon | $0.19 |
44 | 🇸🇰 Slovakia | $0.19 |
45 | 🇦🇼 Aruba | $0.19 |
46 | 🇬🇷 Greece | $0.19 |
47 | 🇫🇷 France | $0.18 |
48 | 🇳🇿 New Zealand | $0.18 |
49 | 🇹🇬 Togo | $0.18 |
50 | 🇳🇮 Nicaragua | $0.17 |
51 | 🇻🇪 Venezuela | $0.17 |
52 | 🇵🇦 Panama | $0.17 |
53 | 🇵🇭 Philippines | $0.17 |
54 | 🇵🇱 Poland | $0.17 |
55 | 🇮🇱 Israel | $0.16 |
56 | 🇺🇲 U.S. | $0.16 |
57 | 🇺🇬 Uganda | $0.16 |
58 | 🇭🇰 Hong Kong | $0.16 |
59 | 🇸🇳 Senegal | $0.16 |
60 | 🇲🇴 Macao | $0.15 |
61 | 🇨🇱 Chile | $0.15 |
62 | 🇰🇭 Cambodia | $0.15 |
63 | 🇿🇦 South Africa | $0.14 |
64 | 🇲🇺 Mauritius | $0.14 |
65 | 🇲🇬 Madagascar | $0.14 |
66 | 🇭🇷 Croatia | $0.14 |
67 | 🇮🇸 Iceland | $0.14 |
68 | 🇳🇴 Norway | $0.13 |
69 | 🇲🇹 Malta | $0.13 |
70 | 🇲🇿 Mozambique | $0.13 |
71 | 🇨🇴 Colombia | $0.13 |
72 | 🇧🇬 Bulgaria | $0.12 |
73 | 🇲🇻 Maldives | $0.12 |
74 | 🇨🇷 Costa Rica | $0.12 |
75 | 🇨🇦 Canada | $0.11 |
76 | 🇲🇼 Malawi | $0.11 |
77 | 🇨🇮 Ivory Coast | $0.11 |
78 | 🇳🇦 Namibia | $0.11 |
79 | 🇲🇦 Morocco | $0.11 |
80 | 🇹🇭 Thailand | $0.10 |
81 | 🇦🇲 Armenia | $0.10 |
82 | 🇯🇴 Jordan | $0.10 |
83 | 🇹🇿 Tanzania | $0.10 |
84 | 🇸🇿 Swaziland | $0.10 |
85 | 🇪🇨 Ecuador | $0.10 |
86 | 🇧🇼 Botswana | $0.10 |
87 | 🇩🇴 Dominican Republic | $0.10 |
88 | 🇲🇰 Northern Macedonia | $0.10 |
89 | 🇦🇱 Albania | $0.10 |
90 | 🇱🇸 Lesotho | $0.09 |
91 | 🇸🇱 Sierra Leone | $0.09 |
92 | 🇮🇩 Indonesia | $0.09 |
93 | 🇧🇾 Belarus | $0.09 |
94 | 🇭🇺 Hungary | $0.09 |
95 | 🇧🇦 Bosnia & Herzegovina | $0.09 |
96 | 🇹🇼 Taiwan | $0.09 |
97 | 🇰🇷 South Korea | $0.09 |
98 | 🇲🇽 Mexico | $0.09 |
99 | 🇷🇸 Serbia | $0.09 |
100 | 🇨🇩 DR Congo | $0.08 |
Source: GlobalPetrolPrices.com. As of March 31, 2022. Represents average household prices.
In the U.S., consumer electricity prices have increased nearly 16% annually compared to September last year, the highest increase in over four decades, fueling higher inflation.
However, households are more sheltered from the impact of Russian supply disruptions due to the U.S. being a net exporter of energy.
3. Global Energy Prices: Natural Gas
Eight of the 10 highest natural gas prices globally fall in Europe, with the Netherlands at the top. Overall, European natural gas prices have spiked sixfold in a year since the invasion of Ukraine.
Rank | Country/ Region | Natural Gas Prices (kWh, USD) |
---|---|---|
1 | 🇳🇱 Netherlands | $0.41 |
2 | 🇸🇪 Sweden | $0.24 |
3 | 🇩🇪 Germany | $0.21 |
4 | 🇧🇷 Brazil | $0.20 |
5 | 🇩🇰 Denmark | $0.19 |
6 | 🇪🇸 Spain | $0.17 |
7 | 🇮🇹 Italy | $0.16 |
8 | 🇦🇹 Austria | $0.16 |
9 | 🇸🇬 Singapore | $0.15 |
10 | 🇧🇪 Belgium | $0.15 |
11 | 🇭🇰 Hong Kong | $0.14 |
12 | 🇨🇿 Czech Republic | $0.14 |
13 | 🇬🇷 Greece | $0.12 |
14 | 🇫🇷 France | $0.12 |
15 | 🇯🇵 Japan | $0.11 |
16 | 🇬🇧 United Kingdom | $0.10 |
17 | 🇨🇭 Switzerland | $0.10 |
18 | 🇨🇱 Chile | $0.10 |
19 | 🇵🇹 Portugal | $0.09 |
20 | 🇧🇧 Barbados | $0.09 |
21 | 🇵🇱 Poland | $0.09 |
22 | 🇧🇬 Bulgaria | $0.09 |
23 | 🇮🇪 Ireland | $0.08 |
24 | 🇦🇺 Australia | $0.07 |
25 | 🇲🇽 Mexico | $0.07 |
26 | 🇳🇿 New Zealand | $0.06 |
27 | 🇸🇰 Slovakia | $0.06 |
28 | 🇺🇲 U.S. | $0.05 |
29 | 🇰🇷 South Korea | $0.04 |
30 | 🇨🇴 Colombia | $0.04 |
31 | 🇨🇦 Canada | $0.03 |
32 | 🇷🇸 Serbia | $0.03 |
33 | 🇹🇼 Taiwan | $0.03 |
34 | 🇺🇦 Ukraine | $0.03 |
35 | 🇲🇾 Malaysia | $0.03 |
36 | 🇭🇺 Hungary | $0.03 |
37 | 🇹🇳 Tunisia | $0.02 |
38 | 🇦🇿 Azerbaijan | $0.01 |
39 | 🇧🇭 Bahrain | $0.01 |
40 | 🇧🇩 Bangladesh | $0.01 |
41 | 🇹🇷 Turkey | $0.01 |
42 | 🇷🇺 Russia | $0.01 |
43 | 🇦🇷 Argentina | $0.01 |
44 | 🇧🇾 Belarus | $0.01 |
45 | 🇩🇿 Algeria | $0.00 |
46 | 🇮🇷 Iran | $0.00 |
Source: GlobalPetrolPrices.com. As of March 31, 2022. Represents average household prices.
The good news is that the fall season has been relatively warm, which has helped European natural gas demand drop 22% in October compared to last year. This helps reduce the risk of gas shortages transpiring later in the winter.
Outside of Europe, Brazil has the fourth highest natural gas prices globally, despite producing about half of supply domestically. High costs of cooking gas have been especially challenging for low-income families, which became a key political issue in the run-up to the presidential election in October.
Meanwhile, Singapore has the highest natural gas prices in Asia as the majority is imported via tankers or pipelines, leaving the country vulnerable to price shocks.
Increasing Competition
By December, all seaborne crude oil shipments from Russia to Europe will come to a halt, likely pushing up gasoline prices into the winter and 2023.
Concerningly, analysis from the EIA shows that European natural gas storage capacities could sink to 20% by February if Russia completely shuts off its supply and demand is not reduced.
As Europe seeks out alternatives to Russian energy, higher demand could increase global competition for fuel sources, driving up prices for energy in the coming months ahead.
Still, there is some room for optimism: the World Bank projects energy prices will decline 11% in 2023 after the 60% rise seen after the war in Ukraine in 2022.
Oil and Gas
Map: Oil and Gas Spills in the U.S. Since 2010
Oil and gas spills can be messy, but where are they most likely to occur? This graphic looks at oil and gas spills in the U.S. since 2010.

Mapped: Oil and Gas Spills in the U.S. Since 2010
The recent energy crisis has highlighted the integral role that hydrocarbons play in fueling the modern world, but these fossil fuels still come with their fair share of downsides.
Aside from the obvious climate impact they bring, one other downside in particular is spills, which can lead to ecological and economic damage. These can happen due to pipeline leaks, train derailments, or other industrial disasters.
This graphic from Preyash Shah provides a visual overview of every oil and gas spill in the contiguous U.S. since 2010. Data is tracked by the U.S. government’s Pipeline and Hazardous Materials Safety Administration (PHMSA).
U.S. Oil and Gas Spills (2010‒2022)
The majority of spills that have occurred come mostly from crude oil, followed by petroleum products and gas. Note that this data covers the quantity of spills and not damages or volume.
Spills by Product Type | Portion of all U.S. Spills |
---|---|
Crude oil | 51% |
Petroleum products | 32% |
Diesel | 14% |
Gasoline | 13% |
Others | 5% |
Highly volatile liquids & flammable gas | 16% |
Liquefied petroleum gas / natural gas liquids | 8% |
Other highly volatile liquids | 6% |
Anhydrous ammonia | 2% |
Others | 3% |
Carbon dioxide | 2% |
Biofuel | 1% |
Crude oil, which makes up just over half of documented spills, is also one of the most costly. Contaminations can persist for years after a spill, and its impact on local mammals and waterfowl is particularly harsh.
This has been the case with the Deepwater Horizon spill (also known as the “BP oil spill”), which experts say is still causing harm in the Gulf of Mexico.
Other products with lots of spills include petroleum products such as diesel or gasoline, as well as liquefied natural gas or other volatile liquids. Interestingly, liquefied carbon dioxide can also be transported in pipelines, commonly used for carbon capture storage, but requires high pressure to maintain its state.
When looking at the location of spills, it’s clear that the South Central states have experienced the highest number of disasters. In contrast, the West Coast has had substantially less activity. However, this makes much more sense when looking at the dominant oil producing states, where Texas and surrounding neighbors reign supreme.
Rank | State | Oil & Gas Spills (2010-2022) |
---|---|---|
1 | Texas | 1936 |
2 | Oklahoma | 407 |
3 | Louisiana | 297 |
4 | California | 253 |
5 | Kansas | 208 |
6 | Illinois | 181 |
7 | Wyoming | 155 |
8 | New Jersey | 128 |
9 | New Mexico | 114 |
10 | North Dakota | 98 |
11 | Indiana | 93 |
12 | Minnesota | 83 |
13 | Ohio | 82 |
14 | Pennsylvania | 71 |
15 | Iowa | 66 |
16 | Missouri | 65 |
17 | Michigan | 56 |
18 | Colorado | 55 |
19 | Mississippi | 53 |
20 | Montana | 46 |
21 | Wisconsin | 42 |
22 | Alabama | 36 |
23 | Arkansas | 33 |
24 | Newbraska | 31 |
25 | Georgia | 28 |
26 | Virginia | 27 |
27 | North Carolina | 24 |
28 | Kentucky | 21 |
29 | South Carolina | 19 |
30 | Alaska | 16 |
30 | New York | 16 |
32 | Tennessee | 15 |
33 | South Dakota | 14 |
33 | Washington | 14 |
35 | Florida | 13 |
36 | Maryland | 11 |
37 | Utah | 9 |
38 | Idaho | 8 |
38 | Oregon | 8 |
40 | Hawaii | 7 |
41 | West Virginia | 6 |
42 | Massachesueuts | 3 |
43 | Conneticut | 2 |
43 | Maine | 2 |
43 | Nevada | 2 |
43 | Puerto Rico | 2 |
47 | Arizona | 0 |
47 | Delaware | 0 |
47 | New Hampshire | 0 |
47 | Vermont | 0 |
Of the 4,901 spills during this period, Texas accounts for 1,936 or roughly 40% of all oil and gas spills. This is followed by Oklahoma, which has had 407 spills and is one of the largest net exporters of oil and gas in the country.
What Causes Spills?
Oil and gas spills actually have a surprisingly long history, with one of the earliest dating back to 1889, when a spill was reported on the coast between Los Angeles and San Diego.
Causes have consisted primarily of weather, natural disasters, equipment and technological malfunction, as well as human error.
However, they only became a widespread problem around the halfway mark of the 20th century, when petroleum extraction and production really began to take off. This era also saw the emergence of supertankers, which can transport half a million tons of oil but therefore make the risk of spills even costlier.
In fact, the biggest spill off U.S. waters after the Deepwater Horizon disaster is the 1989 Exxon Valdez spill in Alaska, when a tanker crashed into a reef and 11 million gallons of oil spilled into the Pacific Ocean.
-
Wealth2 weeks ago
Ranked: Who Are the Richest People in Africa?
-
Datastream6 days ago
Will Connected Cars Break the Internet?
-
Markets4 weeks ago
Mapped: Unemployment Forecasts, by Country in 2023
-
Energy2 weeks ago
Mapped: Asia’s Biggest Sources of Electricity by Country
-
Inequality6 days ago
Mapped: Minimum Wage Around the World
-
Markets4 weeks ago
Consumer Price Inflation, by Type of Good or Service (2000-2022)
-
Finance2 weeks ago
Ranked: The World’s Most Valuable Bank Brands (2019-2023)
-
Gold5 days ago
Charted: 30 Years of Central Bank Gold Demand