Gasoline in Caracas, about 18¢ a gallon.
1. Venezuela- $0.18 per gallon ($0.05 per liter)
With elections looming in October 2012, President Hugo Chávez knows that raising gasoline and diesel prices would be a risky move politically. His presidency is already threatened by his deteriorating health, providing a unique opportunity for the opposition’s candidate, the telegenic Henrique Capriles Radonski, to replace the ailing leader. The last time the government attempted to raise gasoline prices in 1989,l riots ensued, and hundreds of people died. Venezuelans are likely to continue paying less for fuel than bottled water for years to come.
Eat your heart out, sirs!