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Shocking gas prices from around the world reveal just how bad things are for the oil industries

Mar 9, 2016, 04:26 IST

REUTERS/Toru Hanai

If you ever thought about driving across the US, or some other country, now is the time to do it.

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The oil industry is in the midst of a historic downturn, which is plunging the price per barrel of oil to all-time lows across the globe.

International markets sell oil for a fixed price. But drivers are subject to fluctuating fuel costs depending on their location.

Taxes and subsidies play a large part in this, and the fluctuations are quite impressive, ranging from as little as $0.20 per gallon all the way up to $5.64.

Here, we've compiled fuel costs for 17 different gas stations across the world in order from most to least expensive.

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