Thanks to generous government subsidies on petroleum products over there, it has kept the Iraqi cost per gallon at an astonishing rate per gallon. Reports show, however, that fuel in the Arab nations is the lowest worldwide. In fact, Iraqis pay much less for a gallon of regular gasoline than in nearby countries such as Iran (38 cents), Jordan ($1.89) and Syria ($1.74).
My cost at the pump this morning - $2.55 per gallon and that was with a .10 discount because of a grocery store card. Word has it that Americans will not really begin to suffer with the higher costs until the cost per gallon reachs $5.