A rude awakening for Germany’s motorists: After the end of the tank discount, fuel prices have exploded since midnight!
A liter of Super E10 cost 2.04 euros on Thursday morning at the Potsdam Jet filling stations. On Wednesday evening, the US oil company had asked for 1.63 euros, on Monday only 1.56 euros. An increase of 48 cents!
The end of the three-month fuel price brake alone cannot explain the price shock. It lowered the price per liter for petrol by 35 cents. And: The oil companies already had the savings when purchasing. The fuel that has been flowing through the pumps since midnight was bought cheaply in August.
A clear case of rip-off!
The reduction in the energy tax on fuels, which has been lifted since midnight, is making itself felt at many petrol stations throughout Germany – prices at many petrol stations have risen by 30 cents!
This shows a quick evaluation of the prices at almost 400 gas stations in Munich, Berlin and Hamburg between 6 a.m. and 6.30 a.m. on Thursday by the dpa using the fuel price data from the ADAC. The prices at many gas stations were significantly higher than in the same period on Wednesday.
► Super petrol of the E10 variety cost more than 2 euros on Thursday morning at most of the gas stations examined. On Wednesday morning, not a single gas station examined had priced beyond this threshold.
► Diesel already cost more than 2 euros at the majority of the gas stations examined on Wednesday. On Thursday, the diesel price at most petrol stations was well above 2.10 euros, sometimes even more than 2.30 euros.
Arithmetically, the price of the E10 could increase by 17 cents as a result of the repeal of the 35 cent tax cut for diesel. However, prices had already risen significantly in the past two weeks. In addition, petrol station operators also bought at the reduced tax rate until Wednesday and could therefore initially sell petrol and diesel more cheaply. So it could be a while before the cancellation of the tank discount has a full impact on customers.
As a reminder: After the start of the tank discount at the beginning of June, the oil multinationals only reduced their prices days later. Reason at the time: the expensively procured “old” fuel from May was still in the tanks. Tank trips abroad are now becoming attractive again.