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Israel: Gas Increase of ‘Only’ 5 Agorot


There can be no argument that 5 Agorot is an insignificant sum, with the coin long being taken out of circulation. Nevertheless, today’s most recent increase in the price of gasoline has motorists outraged. Once again, after a few short weeks during which the price was lowered a bit, gas prices have been increased, this time by 5 agorot a liter.

In simple terms, following the latest increase, a liter of fuel sells for NIS 7.27. Based on August 31st exchange rate of NIS 3.55/$1, the price of a gallon of fuel in Israel today is $8.19!

(YWN – Israel Desk, Jerusalem)



One Response

  1. hashem yerachem! i thought gas in brooklyn was expensive! you would think that the oil has a shorter distance to travel to israel so it should be cheaper!

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