All-Time Low Fuel Prices Bring Relief to Germans
Spirits' pricing has taken a dip, marking the lowest point of the year. - Gas Prices Plummet to Minimum Level in a Year
Got some extra cash? Good news! Fuel prices are at an all-time low this year, making it cheaper than ever to fill up your tank. Both E10 gasoline and diesel have seen a significant decrease, reaching their lowest prices of the year according to the ADAC's weekly price comparison.
E10 dropped by 1.5 cents, averaging 1.672 euros per liter nationwide on Tuesday, while diesel saw a 1.6 cent drop, hitting 1.556 euros—the cheapest prices since December 13 and October 3 of last year, respectively.
The ADAC attributes the current decrease to the falling oil price. The club expects further reductions, critizing that the lower oil prices have not been adequately passed on to consumers yet. So, it's like the oil companies are keeping some of their profits, leaving us citizens to foot the bill!
Now, let's take a look at the prices in a broader context:
- E10 Gasoline (Approx.): EUR 1.676 per liter (while specific prices aren't provided for E10, Euro 95 gasoline prices are usually indicative.)
- Diesel: EUR 1.562 per liter
Here's a quick historical comparison:
- Gasoline (Euro 95):
- Current (May 2025): EUR 1.66 per liter
- One month ago (April 2025): EUR 1.68 (although not directly specified, prices were around this in late April)
- One year ago (May 2024): Prices around EUR 1.81
- Three years ago (March 2022): Peaked at EUR 2.20 due to global supply issues
- Diesel: EUR 1.562 (approx. current price)
Fuel prices in Germany have seen significant fluctuations over the past few years, surging in early 2022 due to global energy crises and supply chain disruptions. However, since then, prices have declined, reflecting changes in global demand and supply dynamics.
- The current drop in E10 gasoline and diesel prices, reaching their lowest levels since December 2024 and October 2024 respectively, is a welcome relief for German citizens.
- According to the ADAC, the falling oil price is responsible for the current decrease, with the club anticipating further price reductions due to insufficient consumer benefit from the lower oil prices.
- At an average of 1.672 euros per liter for E10 gasoline and 1.556 euros for diesel, the industry must now address concerns about profit margins and consumer pricing.
- Historical data demonstrates that fuel prices in Germany have been consistently high, with prices around EUR 1.81 one year ago, peaking at EUR 2.20 due to global energy crises and supply chain disruptions in early 2022.
