ADAC: Diesel price rises to record high in Germany

Released on 18.10. 2021

  • Drivers in Germany have to pay a new record price for diesel. Photo: Carsten Koall

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The fuel prices at German petrol stations have been rising for weeks. Now the diesel price has reached a new high of 1, 554 euros per liter. The price increase has several reasons.

Munich (dpa) – Diesel is more expensive than ever at filling stations in Germany. In the nationwide daily average on Sunday, the price was 1, 555 Euro per liter, as the ADAC announced.

He exceeded the previous record of 1, 554 Euro per liter of 26. August 2012 minimal. Gasoline is also approaching a peak. Super of type E 10 was 1 on Sunday, 667 Euro per liter. This means that only 4.2 cents are missing from the record of 1, 667 Euro on 13. September 2012.

Oil price, demand and CO2 price 2021

The fuel prices have been rising for months. The main driver is the oil price, which rose after the Corona slump last year and reached multi-year highs on Monday. In the case of diesel, this is also reinforced by the high demand for heating oil that is typical of autumn. Since the beginning of the year, the carbon dioxide price of 25 euros per ton has resulted in an additional surcharge of around 6 up to 8 cents per liter.

The development is particularly drastic if you compare it with the previous year. At that time, oil and fuel prices had reached lows due to the Corona crisis before the trend reversal came at the beginning of November 2020.

The increase is also causing political debates, among other things the outgoing Transport Minister Andreas Scheuer (CSU) recently called for effective countermeasures to be prepared in the event of further sharp increases in energy and fuel prices. A large part of the fuel price at the pump are taxes and duties. In the case of diesel, at the current price level, this is about 18 Cent VAT, good 47 Cent mineral oil tax and the 6 to 8 cents from the carbon dioxide price.

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