WOW! That's $6.40 a gallon! If gas costed that much here I wouldn't be able to drive! I thought $2.69 a gallon was high here in South Carolina!
Time to pack those subways!
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The average at-pump price of gasoline in Seoul hit 1,800 won ($1.6) per liter Thursday for the first time in 19 months. The price was just below 1,800 won Saturday morning.
The average price on Thursday was 1,801.04 won in Seoul, according to Opinet, a real-time petroleum product price information Web site run by the Korea National Oil Corp.
On Jan. 1, per-liter prices were 1,711.84 won, but have been rising since early last month.
This is the first time gasoline prices in Seoul have reached the 1,800-won mark since September 2008.
On Thursday, prices ranged between 1,998 and 1,734.7 won, with Gangnam-gu posting the highest.
Nationwide, prices were the highest in Seoul and lowest in North Gyeongsang Province at an average of 1.713.3 won.
The industry forecasts fuel prices are not likely to go down any time soon, as global prices remain strong amid an economic turnaround across the world.
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