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Gasoline prices on the rise: concerns about higher costs in Baden-Württemberg!
Baden-Württemberg is planning a regulation to limit gasoline prices. Experts warn of possible increases and discuss the effects.
Gasoline prices on the rise: concerns about higher costs in Baden-Württemberg!
A decisive change is emerging in the current discussion about fuel prices in Germany. A planned regulation from Baden-Württemberg could soon be introduced nationwide and stipulates that gasoline prices may only increase once a day in the future. This is already being practiced in our neighboring country Austria and will soon also apply to Germany. But the ADAC has already taken to the barricades and is warning that this measure could lead to a noticeable increase in fuel prices. ADAC fuel market expert Christian Laberer said this in a current report daily news serious concerns that motorists could end up paying more if price adjustments are limited to once a day.
The current system in Germany allows drivers to benefit from the constant price game - especially if they fill up their tanks at cheaper times of the day. “If you fill up your tank in the evening, you can often save a lot,” Laberer continued. In Austria, however, the cheapest refueling times are far less flexible, with the ideal time being around 12 noon, making it impractical for many working people. Despite this seemingly disadvantageous regulation, fuel prices in Austria are on average lower than in Germany, which is mainly due to the lower taxes on fuel there.
Rising CO2 prices as an additional cost factor
Attention is also focused on the expected price increases that could occur in Germany as a result of an increase in the CO2 price from 2027. As the ZDF today reports, the ADAC expects the CO2 price to rise faster than in previous years. This development could increase fuel prices by up to 19 cents per liter, depending on progress in climate protection.
From January 1, 2024, the CO2 price will increase from 45 to 55 euros per ton of carbon dioxide emitted. Price increases of a maximum of 3 cents per liter of gasoline and 3.1 cents per liter of diesel are also forecast for 2025 and 2026. These increases continue as the federal government aims to become carbon neutral by 2045 - a goal that requires a drastic reduction in fossil fuels in the transportation sector.
Reactions and future measures
In view of the rising costs, the ADAC is calling for climate money to compensate for low-income consumers as well as a permanent increase in the commuter allowance in order to support commuters who are particularly burdened. This discussion is also included in the parties' election manifestos, as more and more people are affected by the price adjustment.
The coming months promise to be exciting as the political landscape in Germany looks to set the course for future fuel prices and surrounding regulations. However, drivers should think carefully about when is the best time to fill up in order to best counteract price developments. It remains to be seen whether the planned regulation, which at first glance appears to be a protective measure, actually has the desired effect.