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Some perspective:

Gas prices through time, adjusted for inflation:

1950 - $1.91
1960 - $1.79
1970 - $1.59
1980 - $2.59*
1990 - $1.51
2001 - $1.66


Based on 2001 (dated, I know) gas prices:

Highest:
Hong Kong - $5.38
London - $5.05 (when I went in November 2003, it still wasn't cheap!)
Oslo (Norway) - $4.54

Lowest:
Caracas (Venezuela) - $0.40
Jakarta (Indonesia) - $0.45
Kuwait City (Kuwait) - $0.76

So perhaps we're still ranked somewhere closer to the middle of nations in terms of what we pay for our gasoline?
 
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