Financial Times FT.com

Oil prices add to green pressures

By James Mackintosh

Published: September 13 2005 03:00 | Last updated: September 13 2005 03:00

The spectacular surge in the oil price this summer shocked drivers around the world, as petrol passed $3 a US gallon in some American cities and reached £1 a litre for the first time in the UK.

The French government is considering a reduced speed limit to cut fuel consumption after calls for lower fuel taxes as its citizens found the cost of driving home from summer on the beaches had soared.

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