Gasoline Prices Peak, Tax Deduction is Required.

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Official list price of 95 octane gasoline in the country's largest chain of petrol station, Statoil climbed up to NOK 16/liter. FrP transport policy spokesman Bard Hoksrud reacted to the latest increase saying, "People do not drive a car for fun. Not everyone lives in the center and use public transport at all times."

- Children should be driven to kindergartens, schools and leisure activities. Families with small children, who live in places where there is no public transport, are particularly hit by high gasoline prices, said Hoksrud.

He called the government to take action and ensure that the gasoline tax is reduced to remove the burden on these people. Hoksrud also noted that Norway sell as much oil and gas out of the country and the cash from this trade flows to the oil fund.

The astronomic increase in the prices is attributed to the conflict between Iran, which is one of the world's largest oil producers, and large parts of the world in addition to harsh winter conditions all over the world.