Gasoline prices are to rise in Israel on Friday 1 April 2011 by an expected 2.7% according to ynet. This is a result of the increasing cost of oil on the international markets - as a result of the continue instability in Arab countries -which is causing gasoline prices to rise around the world. This would see prices rising from 7.3 shekels a litre to 7.43 or 7.5 shekels a litre. The price of gasoline has continued to rise throughout 2011.
The price of gasoline is Israel is determined at the beginning of every month based on a formula which uses petrol prices in Italy and France. The prediction of a 2.7% increase in the cost of petrol in Israel could change depending on how petrol prices changes across Europe.
The price of gasoline is Israel is determined at the beginning of every month based on a formula which uses petrol prices in Italy and France. The prediction of a 2.7% increase in the cost of petrol in Israel could change depending on how petrol prices changes across Europe.
blech. Like we're not paying enough now.
ReplyDelete