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AAFES overseas pump prices to reflect U.S. market conditions

  • Published Jan. 26, 2007
DALLAS (AFNEWS) --   Beginning Feb. 1, all Army and Air Force Exchange Service overseas gas stations will adjust pump prices week-to-week based on the current week's U.S. Department of Energy average price.

The first week-to-week adjustment to pump prices at AAFES-operated stations in Germany, Turkey, Korea, Okinawa, Japan, Guam as well as the United Kingdom, Azores and Netherlands will be made Feb. 1.

After the first week of February, AAFES will begin modifying overseas fuel prices every Saturday morning at midnight local time. As such, military drivers filling up at AAFES overseas stations in February will see adjustments, based on the DOE's weekly average for each grade of gasoline in the continental United States plus the incremental costs associated with providing gasoline overseas, on the mornings of the 10th, 17th, 24th, etc.

"Feedback from military families assigned overseas made it clear that they wanted to see greater immediacy than month-to-month frequency was capable of delivering," said Lt. Col. Dean Thurmond, the AAFES' chief of communications. "Changing pump and coupon prices every seven days should provide prices that are more closely aligned to those in the states and help reduce the issues monthly pricing tended to create."

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