German Motorists Flood Czech Border As Fuel-Price-Cap Ends

Via Remix News,

German motorists formed kilometer-long lines at Czech gas stations on Sunday as they rushed to take advantage of lower prices before the government’s fuel cap expired.

Stations near the German border were overwhelmed by drivers seeking cheaper gasoline and diesel, with footage showing long queues at some locations.

According to Echo24, fuel in the Czech Republic was as much as €0.80 per liter cheaper than in Germany.

The surge came shortly before regulated pricing ended and the Czech fuel market returned to market-based rates.

Prices began rising at several stations on Monday morning, with diesel generally recording the sharpest increases.

At a PRIM station in Prague’s Dolní Počernice district, diesel rose by 2.40 crowns (€0.10) to 39.90 crowns (€1.65) per liter. Natural 95 gasoline increased by 1.40 crowns (€0.06) to 40.90 crowns (€1.69).

At a Shell station in Prague’s Chodov district, diesel increased by one crown (€0.04) to 41.90 crowns (€1.73) per liter. Natural 95 gasoline rose by 0.60 crowns (€0.02) to 43.10 crowns (€1.78).

Analysts had expected diesel prices to climb by as much as three crowns (€0.12) per liter because a temporary reduction in the diesel excise tax expired alongside the price controls. Smaller increases were forecast for gasoline.

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