Diesel Prices in Germany Reach Historic High

Diesel prices in Germany have reached an all-time high, with the average daily nationwide price per liter hitting $2.82 (€2.453), surpassing the previous record set in April by 0.6 cents, according to figures from the German Automobile Club (ADAC). Gasoline had already reached a record level days earlier, posting its fifth consecutive record high at $2.66 (€2.314) per liter. Fuel prices have seen exceptional increases since the start of Iran’s war in late February, according to the German News Agency (dpa). Since late August, prices have risen markedly again; diesel is currently about 71 cents more expensive than on the last day before the war broke out, while E10 gasoline has risen by about 54 cents. Nevertheless, fuel prices were already higher in the past when adjusted for inflation. For motorists, the current situation means additional costs: assuming a gasoline car travels about 800 kilometers per month and consumes an average of 8 liters per 100 kilometers.