Posted Jul 22, 2022, 9:13 AMUpdated on Jul 22, 2022 at 9:24 am
This is a measure that should do good for the wallets of many French people, both individuals and professionals. The TotalEnergies group announces a program to reduce the price of its fuels from the start of the school year in September. A measure intended to relieve purchasing power.
The rebate will extend until the end of the year, with two levels: a reduction of 20 euro cents per liter between the 1er September and 31 October, then it will drop to just 10 euro cents per liter from 1er November to December 31. The energy company specifies that “the price reductions will apply from the first liter purchased, without limit of amount, for all petroleum fuels sold in stations and are added to the discount put in place by the State”.
At the end of June, the tanker had also announced a discount of 12 cents per liter this summer in its 120 motorway service stations.
Avoid a tax on superprofits
In his press release, Patrick Pouyanné, CEO of TotalEnergies, explains that he prefers “to make an immediate and direct contribution for our customers, rather than an indirect tax which would penalize our refineries”. The measure of corporate taxation taking advantage of the current crisis was part of the solutions proposed by Brussels to the Member States to counter inflation.
Guest of BFMTV this Friday morning, the Minister of the Economy Bruno Le Maire welcomes a “fair, strong and good for consumers” decision on the part of TotalEnergies. “I prefer that the money go into the pockets of consumers rather than into the pocket of the State”. The Minister explains that he asked Total to make additional efforts to reduce prices at the pump.
Bruno Le Maire (@BrunoLeMaire) “welcomes” Total’s decision to lower its prices by 20 cents until November 1, then by 10 cents from November 1 to December 31 pic.twitter.com/SAMNaM7rRv
— BFMTV (@BFMTV) July 22, 2022
In an interview with “Echos” at the end of June, Bruno Le Maire left the door open to an extension of the discount of 18 euro cents on fuel until the end of the year: “We are therefore ready to hand to responsible opposition: why not consider extending the 18-cent rebate until the end of the year, if economic conditions so require, rather than embarking on extremely expensive tax measures? “.
What do you pay for 1 liter of fuel?
How to face the rise of uncertainties?
Inflation, rising interest rates, Ukraine and now political uncertainty, the shocks are multiplying. To evolve in an increasingly complex environment, the editorial expertise of Les Echos is invaluable. Every day, our surveys, analyses, columns and editorials accompany our subscribers, help them understand the changes that are transforming our world and prepare them to make the best decisions.
I discover the offers
