Do Americans get gas cheap?

Do Americans get gas cheap?

Jordan Goodman (Personal Finance Author) gives expert video advice on: Why is gas so expensive?; Why aren't gas prices regulated?; Do Americans get gas cheap? and more...

Americans get gas much cheaper than many other places in the world. If we get three dollars a gallon in Europe it might be six and seven dollars a gallon. In Japan, it's also very high. They don't have domestic sources of oil the way we do to some extent. They also have much higher taxes on gas than we do. So even though you may be complaining about three dollars or so a gallon it's half or less than half the price of what it is in many other areas of the world. So it doesn't seem cheap but relative to other countries it's definitely cheaper here.