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Von der Leyen says EU gas prices surged 140 percent

Politics Tuesday, October 6, 2026 · Updated Oct 6, 2026 12:41

European Commission President Ursula von der Leyen told the European Parliament on Oct 6 that EU gas prices have surged 140 percent and diesel has roughly doubled since late February, proposing a task force for joint fuel purchasing.

Why it matters: Joint EU energy purchasing would reshape procurement for utilities and industrial buyers and signals Brussels treats the price shock as a durable policy problem.

Data as of Speech delivered October 6, 2026; full official transcript not read directly, proposal requires Council agreement

European Commission President Ursula von der Leyen used her October 6 address to the European Parliament plenary to frame energy costs as the Union’s central economic threat. She cited a 140 percent surge in gas prices and a near-doubling of diesel since late February, and proposed creating a task force to aggregate EU energy demand and jointly purchase fuel.

She also pushed back on calls for deep EU budget savings, including from Germany, arguing the budget must be able to respond to the crisis, and kept the Western Balkans enlargement file live with separate remarks the same day. The speech sets the agenda for the October 15-16 European Council but commits no legislation; joint purchasing would require Council agreement and a legal instrument.

The framing connects directly to the war-driven price environment: with Brent near $100 and European gas elevated, industrial competitiveness and household costs will dominate the summit.

Sources

  1. Von der Leyen EP plenary address · European Commission · 2026-10-06
  2. EU budget pushback reporting · Politico · 2026-10-06