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Page added on May 31, 2008

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Think gas prices are high? Try $11 in Turkey

PARIS – Americans are shell-shocked at $4-a-gallon gas. But consider France, where a gallon of petrol runs nearly $10. Or Turkey, where it’s more than $11.


Drivers around the world are being pummeled by the effects of record gas prices. And now some are hitting back, staging strikes and protests from Europe to Indonesia to demand that governments do more to ease the pain.


It’s a growing problem in a world that’s increasingly mobile and more vulnerable than ever to the cost of crude oil, which is racing higher by the day and showing no signs of stopping.


“I don’t know why it is, but … it hurts,” said Marie Penucci, a violinist who was filling up her Volkswagen to the tune of $9.66 a gallon at an Esso station on the bypass that rings Paris.


As she pumped, she looked wistfully at a commuter climbing onto one of the city’s cheap rental bicycles, an option not open to her since she travels long distances to perform.


As oil soars, the effect on drivers can vary widely. Taxes and subsidies that differ from nation to nation are the main reasons, along with limits in oil refining capacity and hard-to-reach places that drive up shipping costs.


AP



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