Protests Over High Fuel Prices Continue in Europe
Tuesday, June 3, 2008 at 09:27PM
Mark Sardella in Oil, Politics

 fuel_protests.jpg

Protests over fuel prices continue to spread across Europe, as the fishing industries in Spain, Italy and Portugal have joined France’s fishermen – now three weeks into protests of their own. Truckers and taxicab drivers are also striking in many parts of Europe.

Gasoline and diesel prices are now around one and a half euro per liter – the equivalent of about 8 and a half U.S. dollars per gallon. And that’s with oil prices at $127 dollars per barrel. Goldman Sachs and other analysts are warning that oil could reach $200 dollars per barrel in the next 6 to 24 months.

Article originally appeared on Energy Self-Reliance in Action (http://www.localenergynews.org/).
See website for complete article licensing information.