Fuel Prices to Drop Saturday Night, Then Rise Significantly in November
Translated & summarized from Ynet by baba
Gasoline prices in Israel will drop by 42 agorot to 7.35 shekels per liter on Saturday night. Without a reduction in the excise tax, the price is set to jump to 8.35 shekels per liter on November 4th. The government's decision on the tax will determine the future fuel cost.
The story in 4 lines · by baba
- Gasoline prices will decrease by 42 agorot to 7.35 shekels per liter on Saturday night.
- Fuel prices could rise to 8.35 shekels per liter on the night of November 4th.
- The price increase depends on a government decision regarding excise tax reduction.
- The potential price hike is 1 shekel per liter.
The price of a liter of 95-octane gasoline will decrease by 42 agorot on Saturday night at midnight, bringing the cost to 7.35 shekels per liter. However, if an order to reduce the excise tax by one shekel is not updated, the price will increase to 8.35 shekels per liter on the night between November 4th and 5th. This potential price hike is contingent on the government's decision regarding the excise tax adjustment.
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