From: Biniam Tekle (biniamt@dehai.org)
Date: Thu Jul 10 2008 - 10:41:18 EDT
10 July 2008
Gas approaches $10 a gallon in Oslo
U.S. drivers feeling blue about $4-per-gallon gasoline might ponder the pain
being felt in Norway where the price approaching $10, industry watchers say.
Gas pump prices have hit $9.85 per gallon in Oslo -- the highest in the
world, says Associates for International Research Inc., a Massachusetts
company that tracks the cost of living in dozens of countries. Imagine
paying $130 just to fill the tank of a Mini Cooper.
The African nation of Eritrea and Paris aren't far behind at $9.46 and $9.43
a gallon, respectively. Copenhagen, Denmark, at $9.24, Rome at $9.03, London
at $8.96, Berlin at $8.68 and Hong Kong at $8.05 are among the cities paying
double what Americans pay at the pump.
It's small consolation, I know, said Michael Shore, a senior manager at the
consulting firm told the Los Angeles Times. But the prices that (Americans)
are paying now, Europeans have been paying for a long time.
In fact, about three-quarters of the 150 or so countries surveyed by
Associates for International Research pay more for a gallon of gas than do
Americans.
Want to go where the gas is cheap? Try Kuwait City, Kuwait, at 92 cents,
Riyadh, Saudi Arabia, at 47 cents, Tehran, Iran, at 41 cents and Caracas,
Venezuela, at 12 cents.
Copyright 2008 by United Press International
Publication date: 10 July 2008
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