On September 15, 2026, Armand Zorn, the vice-chairman of the SPD parliamentary group, called for an excess profit tax on fuel companies amid high fuel prices in Germany. Zorn, speaking at a press conference, emphasized that fuel companies should not profit from the difficulties faced by people, stating “Keine Profite auf dem Rücken der Menschen” (No profits on the backs of people).
The SPD parliamentary group is pushing for concrete measures to address the current situation, with Zorn promising to present new proposals from the fuel task force in the near future. The task force has been working to find ways to alleviate the financial burden on consumers caused by rising fuel prices. According to Tagesschau, the average price of Super E10 in Germany is currently 2,29 Euro per liter, a significant increase from previous years.
Meanwhile, Bundeskanzler Friedrich Merz addressed the issue at the Unternehmertag des Handelsverbands BGA, emphasizing the need for swift action. Merz stated, “Wir handeln müssen” (We must act), indicating that the government is considering measures to ease the financial strain on consumers. The Bundeskartellamt is also involved in the discussions, aiming to ensure fair competition and prevent excessive pricing by fuel companies.
The SPD's proposal for an excess profit tax is part of a broader effort to address the economic impact of high fuel prices on German citizens. The Mineralölkonzerne, which have been under scrutiny for their pricing strategies, are expected to face increased regulatory scrutiny as a result of these developments.
The government's response to the high fuel prices is expected to be a key issue in the coming weeks, with the SPD parliamentary group pushing for immediate action to protect consumers. The Bundesregierung is expected to present a detailed plan to address the issue, including potential regulatory measures and financial relief options for affected citizens.
The next procedural step involves the Bundesregierung drafting detailed regulations aimed at mitigating the impact of high fuel prices on consumers. The government plans to present these regulations by the end of September, signaling a commitment to addressing the issue promptly.