AAFES gas prices in Europe to dip three cents in July
June 27, 2006
As temperatures are set to soar into the 80’s and 90’s across Europe, at least a few numbers are going down for drivers as they gear up for the long July Fourth weekend.
The Army and Air Force Exchange Service announced Monday that gas prices at its pumps will decrease by as much as 3.4 cents a gallon for the month of July. Despite the small reduction, gas prices remain higher than three dollars a gallon for all grades of gasoline across the continent except in Italy, where there is no change in price and a gallon costs $2.99.
The decrease for July comes on the heels of a steep hike last month, when prices rose about 30 cents a gallon.
Rising gas prices have been the trend over the past year. AAFES reports that a gallon of gas costs 71 cents more than it did at this time in 2005.
Starting in July, the costs of regular, midgrade, and premium gasoline will decrease by about 3 cents each. The average price of diesel fuel will stay approximately the same, with only a tenth of a cent increase.
The small break in prices isn’t enough to bring drivers much relief.
“Great, next time it’ll only cost me $58,” said Spc. Christian Valdez, of the 578th Signal Company, as he filled up the tank on his Ford Explorer at the AAFES station in Darmstadt, Germany. He spent $59.88 for 69 liters of gas.
Valdez said he doesn’t have plans to travel over July Fourth weekend, but the high gas prices don’t encourage him. “It’s too much,” he said.
AAFES sets its fuel prices according to the Department of Energy’s monthly averages from across the continental U.S. for each grade of gasoline. Overseas, the costs of dispensing the fuel and managing the gas coupon program are included in the AAFES price.
In some instances, the price of providing gas overseas is higher than the Department of Energy averages and dispensing costs. When this happens, AAFES policy dictates that the fuel be sold at cost, or “floor” prices, meaning AAFES makes no profit on the sale.
“That happens in the smaller locations where we have to buy gas from mom and pop stores,” said Debbie Byerly, a spokeswoman for AAFES. “It costs more [per gallon] to buy it in smaller amounts.”
In the Netherlands, midgrade and premium unleaded gasoline will be set at floor prices. Turkey and the Azores will see floor prices for premium unleaded fuel.
Pain in the pump
Price of fuel per gallon at AAFES locations:
Unleaded: $3.050Super Unleaded: $3.154Super Plus Unleaded: $3.254Diesel: $3.067Netherlands
Super Unleaded: $3.154Super Plus Unleaded: $3.313Diesel: $3.067United Kingdom
Super Unleaded: $3.103Diesel: $3.017Azores
Super Unleaded: $3.210Turkey
Super Unleaded: $3.230Diesel: $3.020Italy