Gas prices still falling at Europe AAFES stores

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Gas prices still falling at Europe AAFES stores
By Matt Millham, Stars and Stripes
European edition, Friday, November 7, 2008

Gas prices will fall about 25 cents a gallon at Army and Air Force Exchange Service locations in Europe on Saturday, leaving a gallon of regular about $1.09 cheaper than it was four weeks ago.

It’s the seventh straight week prices have dropped at the exchange in response to plunging stateside fuel costs, and the cost of a fill-up is now about 40 percent cheaper than when prices peaked in July.

Regular gas, sold only in Germany, falls to $2.609 a gallon — that’s the cheapest it’s been since February 2007. The average price for regular in the U.S. on Monday was $2.40 per gallon — about $1.71 cheaper than its July peak — according to the U.S. Energy Information Administration, which surveys prices once a week.

According to AAA, which gathers prices daily, regular gas fell another 6 cents since the EIA’s Monday survey.

A gallon of diesel in Germany will fall 14 cents to $3.46 a gallon and $3.30 a gallon in the Netherlands. A gallon of diesel in the U.K. slid down a nickel to $3.39 a gallon.


Rest of article at: http://www.stripes.com/article.asp?section=104&article=58679