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Planned tax cut: rush to gas stations expected

2022-05-20T12:27:42.695Z


Planned tax cut: rush to gas stations expected Created: 05/20/2022, 14:18 Fuel nozzles hang on the gas pump at a gas station. © Sven Hoppe/dpa/symbol picture In a week and a half, the tax on petrol and diesel is to fall sharply. This could lead to bottlenecks at the gas stations. Only petrol can probably reach its pre-war level - and even that is not certain. Berlin/Munich/Cologne - Before the


Planned tax cut: rush to gas stations expected

Created: 05/20/2022, 14:18

Fuel nozzles hang on the gas pump at a gas station.

© Sven Hoppe/dpa/symbol picture

In a week and a half, the tax on petrol and diesel is to fall sharply.

This could lead to bottlenecks at the gas stations.

Only petrol can probably reach its pre-war level - and even that is not certain.

Berlin/Munich/Cologne - Before the tax relief for petrol and diesel planned from June, the petrol station industry is worried about possible bottlenecks - and consumer advocates are keeping a close eye on price developments.

With a view to the tax cut on June 1, the chairman of the federal association of free petrol stations, Duraid El Obeid, warned in the "Rheinische Post" (Friday): "High demand from motorists will meet low supply." The consumer center in North Rhine-Westphalia Westphalia advises motorists not to completely empty the tank before June 1st.

From the beginning of June to the end of August, refueling is to become cheaper with a reduction in the energy tax on fuel.

The tax rate for petrol is to be reduced by almost 30 cents and for diesel by a good 14 cents.

At the same time, the tax burden is reduced even further - because VAT is no longer due on the part of the energy tax that is no longer applicable.

As confirmed by the Federal Ministry of Finance, the total tax relief is 35.2 cents per liter of petrol and 16.7 cents per liter of diesel.

After the approval of the Bundestag, the Bundesrat also discussed the plans on Friday.

With the tax relief for fuel from June 1st, the ADAC believes that tank tourism from abroad to North Rhine-Westphalia is possible.

"If the reduction in energy tax on petrol and diesel fuel prices fall well below the level in neighboring countries, we assume that people from Belgium or the Netherlands who live near the border will also drive to Germany more often to fill up," said the spokesman for the ADAC North Rhine, Thomas Müther.

However, drivers should always check carefully whether it is really worth it.

For longer journeys, you should not only consider the additional consumption, but also the loss of time and emissions.

The sharp drop in fuel prices poses a challenge for the petrol station operators, as the general manager of the Fuels and Energy Association, Christian Küchen, explained in the "Rheinische Post": On the one hand, they would try to reduce their stocks by June 1st, so little having to resell fuel that is heavily taxed as cheaply as possible from June.

On the other hand, it is to be expected that motorists will drive to the petrol pumps en masse from June 1 of all times to fill up empty tanks.

"Therefore, temporary bottlenecks at the stations cannot be completely ruled out," said Küchen.

According to the information, the background is that the energy tax is not only levied at the pump, but already at refineries and tank farms.

Fuel delivered before June 1st therefore still contains a higher tax component.

At the end of the tax rebate, however, the effect would have to work in the other direction.

According to the newspaper, Aral is confident: "We are prepared, the logistics chains are robust, so that short-term deliveries to gas stations are also possible." However, the consumer advice center in North Rhine-Westphalia advises not to completely empty the tank before June 1st to drive.

With the price reductions, super petrol could return to the price level before the outbreak of the Ukraine war.

On the day before the Russian attack, E10 premium petrol had cost an average of 1.75 euros per liter nationwide.

The nationwide daily average on Thursday was 2.103 euros.

If you deduct the pending tax relief from this, you end up almost exactly on the pre-war value.

However, petrol prices have been rising significantly for a good three weeks.

Should this trend continue, fuel would ultimately remain more expensive, even with a discount.

In the case of diesel, on the other hand, the pre-war figures are out of reach.

This is mainly due to the fact that the tax reduction is lower here for legal reasons.

If you subtract them from Thursday's diesel price, you end up at a good 1.85 euros.

That's almost 19 cents more than before the start of the war.

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However, it should not be forgotten that fuel prices were at record levels from the beginning of the war.

Until the beginning of the year, diesel had never cost 1.60 euros on a nationwide daily average and Super E10 only cost more than 1.70 on a few days.

dpa

Source: merkur

All news articles on 2022-05-20

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