At the beginning of November, the price of fuel was still quite high. Motorists had to pay well over two euros for a liter of diesel. Luckily we didn’t reach the former highs of 2.30 euros and more.
Now drivers should breathe even more easily. Because the ADAC gives a forecast for the price of fuel, which bodes well.
Fuel price develops favorably
Apparently, the demand for diesel is currently falling again – at least in industry. As early as mid-November, the price of diesel fell by around ten cents to a nationwide average of 1.96 euros per liter. As reported by the ADAC, petrol prices have also fallen by around six cents to 1.85 euros per liter of Super E10. This means that diesel is as cheap as it was in March – and without any tank discount.
But that’s not the end of it. The ADAC sees “further considerable scope for price reductions”. That would be good news for motorists if they at least no longer had to worry about fuel prices in addition to the numerous price increases.
The only thing they could do now is continue to fuel the competition by always stopping at the cheapest gas station. Simply find out beforehand about the current prices in the area and then refuel at the best price – preferably in the evenings between 8 p.m. and 10 p.m. Then, according to the ADAC, it is the cheapest. In contrast to the morning, you can often save up to twelve cents per liter.
reason for the price reduction
As the ADAC explains, the reason for the recent high prices is that some branches of industry had asked more for diesel than for gas in recent months. That would have caused the increase. However, this trend now seems to be declining. At the same time, competition on the fuel market is now increasing again, additionally fueled by the slight price reduction on the crude oil market. The fact that the euro is regaining ground against the US dollar also has a positive impact on import prices.
Nevertheless, 2022 is the “most expensive tank year ever” since 2012, as the ADAC points out.