AAFES raising gas prices as much as 12 cents
Fuel prices will increase by a few cents for most grades at Army and Air Force Exchange Service locations in Germany, the Netherlands and Britain beginning on Saturday.
The exchange revises petroleum prices each month, and says the rise is consistent with trends in the States. “Gasoline futures are at their highest point in the two decades the contract has traded on the New York Mercantile Exchange,” AAFES stated in a news release.
“Retail gasoline is also at a record, according to Energy Department data. Crude prices touched a 13-year high last month and have climbed 37 percent in the past year.”
AAFES changes prices in the three affected countries based on averages from the previous month. U.S. military bases in other countries alter prices either via annual contract or at irregular intervals.
Prices are going up at all locations and in all grades except for super plus unleaded in Britain, which actually drops because of the equation the exchanges uses to compute prices.
“That’s just a miracle of the policy,” said Judd Antsey, spokesman for AAFES in Dallas.
In Germany, the cost of normal unleaded gas is rising from $1.818 to $1.901 per gallon, with super unleaded increasing from $1.914 to $2.037. Super plus goes from $2.01 to $2.139 and diesel increases from $1.792 to $1.849.
In the Netherlands, super unleaded goes from $2.049 to $2.093; super plus goes from $2.302 to $2.335; and diesel goes from $1.867 to $1.922.
In the United Kingdom, super unleaded goes from $1.858 to $1.914; super plus goes from $1.954 to $1.914; and diesel goes from $1.744 to $1.783.
Although prices this year have gone up steadily, costs at the pump did ease slightly at the end of April, according to the Energy Department.
In a report this week, the department said prices at April’s end eased by one-tenth cent per gallon — the first time in six weeks that prices fell.
Overall, however, prices were 25.5 cents higher than during the same period last year.