То, что вы, вероятно, ищете, называется zip
:
>>> x = ['this', 'is', 'the', 'first', 'list']
>>> y = [1, 2, 3, 4, 5]
>>> z = [0.01, 0.2, 0.3, 0.04, 0.05]
>>> zip(x,y,z)
[('this', 1, 0.01), ('is', 2, 0.20000000000000001), ('the', 3, 0.29999999999999999), ('first', 4, 0.040000000000000001), ('list', 5, 0.050000000000000003)]
>>> for (a,b,c) in zip(x,y,z):
... print a, b, c
...
this 1 0.01
is 2 0.2
the 3 0.3
first 4 0.04
list 5 0.05