Gas prices to rise in Germany, fall in other nations

[unhappycamper]

Gas prices to rise in Germany, fall in other nations
By Mark Abramson, Stars and Stripes
European edition, Friday, December 26, 2008

Gas prices are slated to rise slightly in Germany Saturday, while they will decline in the United Kingdom and in the Netherlands.

The Army and Air Force Exchange Service announced that although the cost for a gas is at floor prices in Germany, the Netherlands, Turkey and the Azores, the prices will fluctuate. Floor pricing means that the price for fuel is at or close to cost. AAFES’ policy states the exchange can’t lose money on fuel sales, and floor pricing is intended to prevent it from losing money.

AAFES bases its prices for gas on the U.S. Department of Energy’s average price figures plus costs of providing fuel overseas.

In Germany the cost of a gallon of regular gasoline will rise by 3.7 cents to $2.065. Mid-grade gas is going up by 3.9 cents a gallon to $2.165. Diesel rises 6.4 cents a gallon.

The price for mid-grade gas in the Netherlands will drop by 4.5 cents to $2.342 a gallon. Fuel will decline in the U.K. by 12.3 cents for a gallon of mid-grade gas to $1.946. Top-grade fuel drops 22.8 cents a gallon, and diesel drops 18 cents a gallon.


Rest of article at: http://www.stripes.com/article.asp?section=104&article=59631



uhc comment: FWIW, I saw regular unleaded last week in Georgia for $1.499 per gallon.