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Price of fuel falls in Germany after tax cut
TheLocal.de ^ | 1 June 2022 11:30 CEST | DPA/The Local

Posted on 06/01/2022 3:32:25 PM PDT by Olog-hai

The fuel tax reduction has been in effect since midnight — and it has led to significantly lower prices at many petrol stations across Germany.

Press agency DPA evaluated the prices at 400 petrol stations in Munich, Berlin and Hamburg between 6 am and 7 am on Wednesday, with the help of data from Germany’s biggest car club, the ADAC.

Although not all petrol stations lowered their prices significantly, the vast majority showed a clear difference just a few hours after the tax cut, DPA said. […]

… DPA’s flash analysis of prices found that a liter of Super E10 cost less than €1.90 at around 350 of the petrol stations surveyed on Wednesday morning.

In the same period on Tuesday, only one petrol station in the survey offered E10 for less than €2. At the majority of stations, the price was between €2.10 and €2.30 per liter at that time. …

(Excerpt) Read more at thelocal.de ...


TOPICS: Business/Economy; Local News; Travel
KEYWORDS: gasoline; germany; petrol; rubleisat63; taxcut

1 posted on 06/01/2022 3:32:25 PM PDT by Olog-hai
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To: Olog-hai
Drops to 7 bucks a gallon.

 face with tears of joy face with tears of joy face with tears of joy face with tears of joy

2 posted on 06/01/2022 3:43:33 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

Seven bucks a liter.


3 posted on 06/01/2022 3:53:27 PM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump.)
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To: FlingWingFlyer

$1.78 a liter x 4 = 7-ish.


4 posted on 06/01/2022 3:59:00 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

Imagine if they cut more taxes.

The percentage of tax as part of the fuel price there fluctuates along with the price at the pump, but it’s still in the 40-50 percent range.


5 posted on 06/01/2022 4:06:48 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai
Funny how that works.

American Democrats:


6 posted on 06/01/2022 4:08:15 PM PDT by Tolerance Sucks Rocks (Bus No. 2525)
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