I’ve found this information, and I’m just wondering if this makes any sense? I’m not that familiar with fuel market here, just that it’s generally a lobby that does what they want.

    So the prices now are especially high due to war in Iran, but still there are times during the day/week that it is possible to buy fuel even a little bit cheaper… I’m worried that with this change the prices will just remain at higher level all the time because the lobby won’t accept less earnings.

    If yes, then how is this government’s decision beneficial in lowering the current ridiculous prices, and helpful for citizens/residents?

    I’m sincerely curious, and would love to just understand it.

    https://i.redd.it/6z3ujtuty9rg1.jpeg

    Posted by Waste_Suspect_817

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    13 Comments

    1. Normal-Definition-81 on

      The trick is: it doesn’t make any sense or lead to verifiably lower prices.

      Which comes to no surprise to the government…

      *„Empirical or theoretical studies examining the effect of such rules on petrol station prices and, consequently, on consumers, reach **varying conclusions and do not allow for a reliable assessment** as to whether any of these systems is clearly preferable.“*

      (evaluation of the *old* Austrian model which will pass Bundestag today; page 16 in the pdf)

      https://www.bundeskartellamt.de/SharedDocs/Publikation/DE/Sektoruntersuchungen/Sektoruntersuchung_Raffinerien_Abschlussbericht.pdf?__blob=publicationFile&v=3

    2. It’s what we call “Aktionismus” you basically do something without effect just to show the people that you are doing something while actually doing nothing.

    3. Ze_insane_Medic on

      It does not do anything to lower the prices. If anything, if they can’t immediately react to the volatility, they will just buffer it by increasing the price slightly.

      All it does is making it more predictable what you’ll have to pay… for a single day

    4. Sentient_Sawhorse on

      It is time for Germany (and Europe) to be free of the influence of other countries who seek to prey upon Europe. Looking at the US, Russia, China, who only see Europe as something to be exploited. Europe needs to rise up and take charge of its future, secure its own deals for resources and have the united military strength to protect itself. It’s obvious that it’s not 1983 any more, where Europe has to depend on big brother U.S. The U.S. can’t even keep an 8 mile straight of Hormuz open.

    5. From what I understand gas distributers now also need to explain price increases and why they are necessary.

      In addition to that inspectors get more permissions to make sure there are no shenanigans going on.

    6. Why can’t they temporarily reduce the taxes instead of such moves which barely do much?

    7. Almost 20 years ago a friend of mine worked at a gas station for a student job. The gas station was located on the main street leading into the city and every morning like clockwork he got calls from four different gas stations (from completely different brands) asking what the price was at his, so they could raise their’s accordingly. They didn’t even have an interest in staying below the others in price to maybe compete for customers, because gas is always needed and people will pay whatever they ask for if there is nobody cheaper in the city.

      The whole industry is corrupt and always has been and this change would do absolutely nothing.

    8. ___Syntax-Error___ on

      Germany was the first fucking country to Jack prices sky high while surrounding countries still had normal price ranges

    9. BoxLongjumping1067 on

      > Petrol stations would only be allowed to raise prices once a day

      ….. I’m sorry what?