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Monday, May 15, 2006

Gasoline Prices

05-15-2006 Kommersant - American consumers became apprehended in April that a gallon of gasoline in the U.S. surpassed the notch of $3, up to $3.2, which is €0.67 per liter, just like after Hurricane Katrina. Interestingly enough, gasoline became more expensive in other leading nations. A liter of gasoline cost €1.5 in France in this period, €1.38 – in the UK, €1.35 – in Germany and €1.3 – in Italy, according to Reuters. Gasoline prices were lofty in developing countries as well: €1.1 – in Israel, €0.91 – in Kenya, €0.81 – in Peru and €0.53 – in Russia. Gasoline remained relatively cheap only in Egypt (€0.15) and Saudi Arabia (€0.12).

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