Gas station fuel prices across Germany dropped significantly on May 1st, though the decrease was not as substantial as the full “tank discount” that had been anticipated. As of 8 a.m. on the first, the national average was reported at €2.07 per liter for diesel and €1.98 for Super E10. These prices represented a noted decline compared to the average prices recorded throughout the previous day, when diesel averaged around €2.20 per liter and gasoline was priced at roughly €2.11 per liter, resulting in an initial drop of approximately 13 cents per liter for both fuels.
However, the visible early morning price reduction was compounded by a deeper underlying structural change. Due to the temporary suspension of energy taxes on both diesel and gasoline, wholesalers are required to remit €0.1404 per liter less to the state. Coupled with the corresponding elimination of value-added tax, this translates to a total tax burden reduction of 16.7 cents per liter on the fuel. This state-mandated discount is scheduled to last for two months, during which time it is estimated that the federal budget will save approximately 1.6 billion Euros.
