Fuel prices set to fall at AAFES stations in Europe
Fuel prices at AAFES stations throughout Europe will fall sharply for the third straight week on Saturday, dropping between 7.5 cents and 15.7 cents a gallon in many locations.
And the slide in prices might not end there.
Regular unleaded will fall 7.5 cents a gallon to $4.08 a gallon in Germany, the only country where that grade of gasoline is sold. Midgrade unleaded will drop 7.6 cents a gallon in Germany and the United Kingdom, and 9.5 cents a gallon in the Netherlands, according to an Army and Air Force Exchange Service news release.
The biggest decline of the week also comes in the Netherlands, where a gallon of diesel will fall 15.7 cents.
The changes at AAFES pumps mirror declines in stateside prices.
With the prices of oil falling to around $120 a barrel recently, gas prices have fallen, and at least one expert is predicting prices to fall by as much as 30 cents a gallon in the next few weeks.
"If oil prices remain at the current level, one would expect at least another 20 cents a gallon, maybe 30 cents to come off in the next few weeks," Fadel Gheit, a senior energy analyst for Oppenheimer & Co., told the Daily News of New York.