U.S. Gas Prices Up 18% This Year

New research has revealed that America’s petrol prices have gone up by 18.3% in the past year.

The research, undertaken by experts at DriveElectric looked at the average price of filling a petrol tank, as well as the cost of driving 100 miles with a petrol engine in both 2021 and 2022 to determine the price difference.

View the full study here: https://www.drive-electric.co.uk/press/globally-charged-ev/

Countries with the largest petrol price increase:

Rank	Country	Avg tank cost 2021	Avg tank cost 2022	Price Increase
1	Chile	£51.56	£62.65	21.3%
2	USA	£38.74	£45.82	18.3%
3	United Arab Emirates	£30.28	£34.51	14.0%
4	China	£47.20	£53.63	13.6%
5	Turkey	£39.63	£44.97	13.5%
6	Canada	£54.32	£60.26	10.9%
7	Hong Kong	£118	£127.49	8.0%
8	Norway	£91.72	£95.17	3.8%

Chile comes out as the country with the highest increase on the average cost to fill a car with petrol. In 2021, the average price was around £51.65 to fill a car's fuel tank, 2022 saw that figure rise by 21.3% to £62.65 on average.

The United States of America comes in as the country with the second-largest increase in their average petrol costs. In 2021, the average cost to fill your car's petrol tank in the US was £38.74, which rose to £45.82 in 2022, an increase of 18.3%.

The United Arab Emirates takes the third spot. With an overall 14.0% increase on the 2021 average price to fill your car's tank, which was £30.28. As of 2022, that figure is now at £35.07 each time you wish to fill your car's tank.

The study also looked at the cost difference in powering your car with petrol and electricity across the globe.

Driving EV vs Petrol - the real cost per 100 miles:

Rank	Country	Avg cost to fill a tank	Avg cost per 100 miles	Cost to fully charge a car	Avg cost per 100 miles	Difference per 100 miles
1	Hong Kong	£127.49	£32.46	£8.36	£3.54	817.06%
2	Hungary	£66.98	£17.05	£4.69	£1.99	758.62%
3	Norway	£95.17	£24.23	£6.92	£2.93	727.44%
4	China	£53.63	£13.65	£4.03	£1.71	700.42%
5	Turkey	£44.97	£11.45	£3.61	£1.53	649.40%
6	South Korea	£51.79	£13.19	£4.63	£1.96	572.54%
7	Saudi Arabia	£26.89	£6.85	£2.53	£1.07	540.20%
8	Canada	£60.26	£15.34	£6.07	£2.57	496.54%
9	Israel	£81.47	£20.74	£8.66	£3.67	465.71%
10	Croatia	£63.84	£16.25	£7.22	£3.06	431.96%

Hong Kong comes in first having the largest price difference between 100 miles worth of petrol and EV charge. As of 2022, it costs an average of just £3.54 to charge an electric car per 100 miles, it costs 817.06% more to fill a petrol tank per 100 miles in Hong Kong.

Hungary places second in the top three. The price difference between petrol and electric cars is sizable in this country, with it costing 758.62% more on average to fill a car's petrol tank per 100 miles than to charge an electric car's battery per 100 miles.

Scandinavian country Norway comes in third. The average cost to fill a car's petrol tank per 100 miles is £24.23 as of 2022 in Norway, whereas the price to charge a car's battery is £2.93 per 100 miles. This makes it 727.44% more expensive to run your car on petrol, as opposed to electricity, in Norway.

Further Insights:

Estonia has seen the price of charging an EV increase by 146.6%
Out of all the countries looked at, Saudi Arabia is the cheapest place to fill your tank with petrol.
The average cost to fill a tank with petrol in the UK is £81.02

Further information is available here