Apparently the German government figured out that the Billions paid to Oil corporations wasn't rolled over on the customers. Solution, scrapping the idea completely. Which means you better fill up your car today or suffer tomorrow. Having said that, today's picture across town. Total petrol FOMO in action image

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"Germany temporarily cut fuel taxes for May and June 2026, providing around โ‚ฌ1.6 billion in relief (โ‰ˆ17ยข/L). The government warned oil companies not to absorb the tax cut as profit, but Germany's Federal Cartel Office later said most of the discount did not reach consumers"
El Guirri's avatar
El Guirri yesterday
Ah so not paid, just not taken. I'd guess shareholders will allocate that capital better. In fact, possibly positive right. Government has less to spend on trying to start unnecessary war with Russia, fuel prices might go up enough to annoy population sufficiently to start demaing change and shareholders get a nice dividend! ๐Ÿ™„
El Guirri's avatar
El Guirri yesterday
There's a doorway in every policy related building in governments. When you walk through, you temporarily forget the meaning of the word incentive. A friend who used to work in policy in uk govt got driven round the bend and eventually quit because years of trying to think of the effects of a policy got worked around by people within a week of implementation. He never could grasp that the reason is most people don't want to be harassed by government
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