By Jean-Francois Munster
Le liter of gasoline at 1.5 euros at the start of the school year? This is the perspective given to French motorists by their government last weekend. The Minister of the Economy Bruno Le Maire said he was in favor of an increase in the rebate on each liter of fuel sold in a compromise negotiated with the deputies Les Républicains. This could go from 18 to 30 cents per liter in September and October. At the same time, the government pressured its national champion, TotalEnergies, to lower its prices, raising the specter of a tax on the superprofits made by the sector. The tanker complied and announced that it would apply a discount at the pump of 20 cents per liter between September and November in all its service stations in France, then 10 cents per liter for the rest of the year. If we combine these two measures, “the French could have fuel at 1.5 euros in certain service stations”, rejoiced Bruno Le Maire.
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