Federal government's fuel price package to be completed by early April - Germany cracks down on soaring fuel prices with new transparency laws
The German government is pushing ahead with plans to tackle soaring fuel costs. A new draft law aims to bring greater fairness and transparency to gas stations, where prices have climbed above the European average. Parliament will begin reviewing the measures this week, with a final decision expected by early April.
A cross-party task force recently met with oil companies and industry representatives to address rising diesel and gasoline prices. In March 2024, German drivers paid an average of 1.78 € per litre for Super E10 petrol and 2.14 € per litre for diesel—higher than in most EU countries.
Under the proposed law, service stations would only be allowed to increase prices once per day. The burden of proof for price hikes would also shift, forcing companies to justify any rises. While discounts would still be permitted, wholesale price markups could be quickly reviewed and blocked by the Federal Cartel Office. To ease market pressure, the government plans to release parts of its strategic oil reserves. Officials hope this will help stabilise global prices and provide relief for drivers.
The legislative process is set to conclude by the end of March or early April. If approved, the measures would limit daily price adjustments and require companies to explain increases. The goal is to reduce costs for consumers while maintaining oversight of fuel pricing.
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