AAFES’ gas prices to rise more than a nickel in Europe
October 26, 2007
The price of fuel sold through the Army and Air Force Exchange Service in Germany, the United Kingdom and the Netherlands will rise Saturday between 5 cents and 7.3 cents per gallon.
The price jump, which will happen Saturday, Nov. 3, will more than wipe out the slide of the previous three weeks, during which gas prices fell between 3.8 cents and 5 cents per gallon.
Regular unleaded gas, sold only in Germany, will increase by 6.1 cents Saturday to $2.99. Midgrade unleaded will climb 5.8 cents per gallon in both Germany and the U.K., and premium will go up 5.6 cents a gallon in both countries.
In the Netherlands, where AAFES fuel prices are based on what the exchange pays to purchase and distribute fuel, the price for a gallon of midgrade unleaded gas will jump 6.8 cents to a little more than $3.44 a gallon. Premium unleaded will go up 7.2 cents to a fraction less than $3.73 a gallon, and diesel will rise 7.3 cents to a little more than $3.51 a gallon.
Saturday’s increases will be the largest one-week rise for Germany and the U.K. since mid-July, when the price of a gallon of regular jumped 6.8 cents in one week.
In the United States, the price of a gallon of regular gas is 61.5 cents higher than it was a year ago, according to the Energy Department’s Energy Information Administration. AAFES’ gas prices are adjusted each Saturday and are based on weekly price data from the EIA, which provides official energy statistics for the U.S. government.