In oil-rich Norway, petrol prices most expensive in Europe

OSLO (AFP) – In Norway, many motorists are up in arms over why they have to pay the highest petrol (gasoline) prices in Europe when the country is the world’s fifth-largest oil exporter and a recent tax hike has done little to cool tempers.

“It is really strange: we have lots of oil and we’re a rich country. Why do we have to pay so much?” asks Per-Arne Skjerpingstad, a 38-year-old hospital porter as he fills up the tank of his Peugeot 307 at an Oslo gas station for 750 kroner (94 euros, 148 dollars).

Diesel costs 14.23 kroner (1.78 euros, 2.82 dollars) a litre (quarter gallon) and 95 unleaded 13.84 kroner, putting it at the top of the European league, EU figures show.

And while many countries are discussing how to soften the blow of skyrocketing oil prices on consumers, Norway on July 1 increased its already heavy tax take by 0.05 kroner per litre on petrol and 0.10 kroner (0.1 euro cent, 0.2 dollar cent) on diesel.

In oil-rich Norway, petrol prices most expensive in Europe – Yahoo! News.