Dery up
Page 5
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THE PRICE of dery rose by further 2p a gallon this week oil companies claimed they hi to compensate for the fall value of the pound against tl dollar, the main currency of tl oil industry.
Shell, Esso, Mobil and Texai all increased their dery pric with BP expected to follow su With the 10p reduction in ti duty on diesel not coming in effect until August, this tak diesel to another all-time high around £1.60 a gallon on avE age at the roadside.
To show how this compar with other North-west Europei countries here are some equiv lent prices per gallon of diesel: France £1.10 Italy £0.76 Spain £0.97 Austria £1.35 W. Germany £1.20 Belgium £0.96 Switzerland £1.38 Oil prices are expected to co tinue to rise at a steady rate ar Energy Department depu• secretary, David Jones, told MI last week that his department planning on the basis that 9 price of crude oil will double real terms by the year 2000.
By that time he estimated th petrol would be around E6 a w Ion.