Premium Gas Prices: U.S. vs. Netherlands

The chart above shows retail premium gas prices in Netherlands and the U.S., using weekly EIA data back to 1996. When retail prices topped $4 per gallon in the U.S. last summer, prices in the Netherlands were above $10 per gallon. And as bad as it got here with $4 gas last summer, that's the very best it's ever been in the Netherlands, they' hardly ever had gas prices below $4 per gallon going back to 1996. In the Netherlands, I'm sure that $6 gas now seems like a bargain, that's the lowest price there since 2005.

It's all relative.