News Article

Rising European petrol exports to U.S. force prices higher

Via reuters.com » Submitted On Wed, 02/27/2013 - 12:45pm by Dakota

Rising exports lift European fuel prices * Weaker pound, euro vs dollar also contribute By Ron Bousso LONDON, Feb 27 (Reuters) - European motorists, upset at high fuel prices, may be surprised to know that a significant portion of the continent's petrol is sold to the United States, where gasoline retails at less than half the cost.

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