Gas prices to rise nearly 14 cents

[unhappycamper]

Gas prices to rise nearly 14 cents
By Matt Millham, Stars and Stripes
Europe edition, Friday, November 9, 2007

Fuel prices will climb nearly 14 cents a gallon on average Saturday at AAFES locations in Germany and the United Kingdom.

The jump is directly pegged to prices in the U.S., which this week made their biggest one-week gain since Hurricane Katrina in August 2005, according to U.S. Department of Energy data. AAFES prices in Germany and the U.K. are set by adding the local costs of distribution to the weekly DOE average.

Prices for all grades have surged roughly 25 cents a gallon in the past three weeks, according to the DOE.

Regular gasoline, sold only in Germany, hits $3.18 on Saturday — a jump of 14.1 cents.

Midgrade gasoline is up 13.4 cents a gallon to $3.284 in Germany and $3.222 in the U.K.

Diesel is up 14.6 cents to $3.47 in Germany and $3.408 in the U.K.


Rest of article at: http://stripes.com/article.asp?section=104&article=50148

[liberal N proud]

1. People compare gas prices in Europe to the prices in the US

But they don't consider that Europe has an excellent mass transit system for most of the continent and distances are not nearly as great as they are in the US.
How many drives in Europe are in the 1000 mile range one way?

[Catch22Dem]

2. True, and this article is about the price of gas on military bases

So people shouldn't look at these prices in comparison to European prices. These are comparable to prices here in the US.

[Brimon]

3. UU.K.Gas prices

At today's prices & rates of exchange the price at the pumps in the U.K. equates to USD £8.40 per US Gallon