russians Pay More for Petrol than Americans

In russia, petrol prices have exceeded those in the USA, which is paradoxical for a “filling station country”. The average retail price in America is currently $2.98 per gallon, or about 60.3 rubles per litre, while in russia it is 67.1 rubles. In Saudi Arabia, another world leader in oil production, a litre costs about $0.62, or 47 rubles.

The mechanics of pricing explains the difference. In the USA, half of the final price is determined by the cost of crude oil, and another 17 % – by taxes. In russia, oil accounts for only 10  %, while more than 60 % is accounted for by taxes and fees. This means that even when global prices decline, russian consumers do not benefit, as the state compensates for budget losses through the domestic market.

Analysts predict that the price of Brent could decrease to $50 per barrel by the end of next year and to $40 – by 2027. The cost of Urals is traditionally lower, while the kremlin’s budget calculations are based on $60+. This discrepancy means that the revenue shortfall will be covered by higher petrol prices for the population.

In fact, ordinary russians pay more for fuel than Americans, and this trend will only intensify. The kremlin is billing citizens, who are becoming the main financiers of state policy, regardless of global market trends.