Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Domestic petroleum-product prices around the world. [June 1983] (in English and Spanish)

Journal Article · · Energy Detente; (United States)
OSTI ID:6057974
Since the Energy Detente January 27, 1983 speical price/tax report of petroleum-product markets around the world, several countries in the survey experienced domestic price changes, generally upward. In Peru, the government-controlled price for a gallon of regular leaded gasoline increased 83% during the period. However, when converted to a reference currency, much of Peru's price increase is offset when viewed in terms of US dollars: with devaluation of Peru's national currency of 25% since January, the price increase corresponds to only 37% in US dollars. In the case of Venezuela, a currency devaluation of over 100% since February reduced the price from US $0.26 per gallon for regular leaded gasoline to US $0.11 per gallon, the lowest price in the survey. The highest price is US $3.22 per gallon for regular leaded in South Korea. The world average retail price for regular leaded gasoline is US $1.73 per gallon (16 cents lower than in January this year). For premium (leaded, in all but four countries), the world average price is US $1.86, and the drop since January is also 16 cents per gallon. The lowest price for premium-grade gasoline is US $0.25 in Saudi Arabia (which has no regular grade); the highest in the survey is US $4.34 in South Korea. In this issue, the Energy Detente fuel price/tax series and principal industrial fuel prices are given for June 1983 for countries of the Western Hemisphere.
OSTI ID:
6057974
Journal Information:
Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 4:12; ISSN EDETD
Country of Publication:
United States
Language:
English and Spanish