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Fuel companies deny holiday price-gouging

DDP/The Local · 30 Mar 2010, 08:50

Published: 30 Mar 2010 08:50 GMT+02:00

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On Monday, German automobile club ADAC had said that Aral and its parent company BP were set to take advantage of customers during the high-traffic long weekend.

But the head of Aral, Uwe Franke, blamed German taxes for high petrol prices.

“Without taxes a litre of petrol or diesel costs between €0.53 and €0.61 – depending on what kind,” Franke told daily Bild. “With that we are in the lower third for the EU countries.”

Franke went on to say that a litre of gasoline costs less than a litre of any beverage sold at fuelling stations.

“This accusation is purely false and won’t be any more correct through continued repetition,” he said, adding that international markets don’t turn to accommodate German holiday weekends.

Story continues below…

Part of the misunderstanding over fuel prices comes from comparing the price of crude oil with petrol, he told the paper. Since the beginning of the year fuel prices have increased significantly per litre, while the increased cost of crude oil has been low, he explained.

DDP/The Local (news@thelocal.de)

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Your comments about this article

16:48 March 30, 2010 by Heinrich der Zweite
In summer they should raise the price of contraceptives and stop the Germans from dying off.
10:49 March 31, 2010 by The-ex-pat
Franke went on to say that a litre of gasoline costs less than a litre of any beverage sold at fuelling stations.

That my be true, but I do not need to drink 70 litres a week of Coke, water, beer etc. Rest assured if we did, I bet my last Euro that the price would increase. What an arrogant little pr#ck
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