Dutch fuel prices hit new record

1st September 2005, Comments 0 comments

1 September 2005, AMSTERDAM — Market leader Shell increased the recommended price for petrol and diesel in the Netherlands on Thursday.

1 September 2005

AMSTERDAM — Market leader Shell increased the recommended price for petrol and diesel in the Netherlands on Thursday.

The third increase in barely a week pushes the prices to the highest levels ever in the Netherlands.

The price for Euro unleaded is now 1.479 euro cents per litre. A litre of Super costs 1.533 euro and diesel is 1.125  euro cents per litre.

Based on Shell's prices, the prices of Euro unleaded and Super have risen by 29 cents and diesel by 23 cents since the beginning of the year.

Shell bases its recommended price largely on the price for crude oil on the international markets.

Crude oil prices have reached record levels of their own recently and broke the USD 70 barrier this week, mainly because of the damage Hurricane Katrina caused to oil production facilities off the US coast.

Dutch bus operator Arriva Nederland announced on Thursday that is considering scrapping some of its routes due to the high cost of fuel for its fleet of buses.

Bus company Connexxion said on Wednesday it has paid millions of euros extra for fuel this year. It cannot pass this cost on to the customer because the prices of travel tickets are fixed by the government.

Sector group Mobis has called on the government to raise the price of the public transport card, or Strippenkaart, by 2.67 percent.

[Expatica News + ANP 2005]

Subject: Dutch news + fuel prices

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