Israel has 12th highest gasoline prices in West

France tops the list, with gasoline prices also higher than in Israel in Germany, Scandinavia, Italy, and the UK.

The price of 95 octane gasoline costs NIS 7.62 per liter in Israel, after rising NIS 0.91 per liter since January 1. Based on a survey of gasoline prices by US monthly "The Atlantic", Israel has the 12th highest price of gasoline in the West.

France tops the list, at NIS 9.24 per liter, followed by Denmark, Greece, the Netherlands, Belgium, Portugal, Sweden, and Germany, where the price of gasoline is over NIS 8 per liter, or over $9 per gallon, according to "The Atlantic". The price in Finland, Italy, and the UK is also higher than in Israel, followed by Ireland, the Czech Republic, Austria, and Spain, where it costs over NIS 7 per liter.

The price of gasoline is NIS 4.17 per liter in Canada and NIS 3.52 per liter in the US, or around $4 per gallon.

Published by Globes [online], Israel business news - www.globes-online.com - on May 8, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

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