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Jordan hikes fuel prices for 10th time in 2 years

http://www.forbes.com/feeds/ap/2008/07/10/ap520216 [2008-7-18]

Tag : Household Use
AMMAN, Jordan -
Jordan has hiked fuel prices for the tenth time in two years tocover its swelling energy costs.
The rise comes as the oil-barren Mideast kingdom struggles withsoaring international oil and food prices.
Thursday's hike is the sixth this year. It brings the price of oneliter of unleaded gasoline up about 5 US cents, from 0.805Jordanian dinars, or about $1.13, to JD 0.840, or about US$1.18.
Heating fuel and kerosene for household use jumped 9.2 percent toJD 0.770, or about US$1.08 per liter. The price of cooking gasremains unchanged.
The last time Jordan hiked fuel prices was on June 10. It saw thesteepest rise last February, with a 111 percent price increase forseveral fuel products.

Copyright 2008 Associated Press. All rights reserved. This materialmay not be published broadcast, rewritten, or redistributed


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