drop in rebates, prices at the pump expected to rise

published on Wednesday, November 16, 2022 at 08:32

Reduced to 10 cents each, the rebates from the State and TotalEnergies will be applied until 31 December.

Fuel prices at the pump are expected to increase significantly on Wednesday November 16, while the rebates from the State and TotalEnergies are both reduced. The two euros per liter could be exceeded.

The discount of 30 euro cents on a liter of fuel financed by the State since September 1 and that of 20 euro cents from TotalEnergies in its service stations are both reduced to 10 euro cents. “We took these measures, it cost the state more than 7 billion euros, we assume it, said Transport Minister Clément Beaune on Tuesday.

It’s even more than that: Jean Castex had already taken measures at the start of the year for rebates at the pump. You have to get out of it gradually, we’re not gonna live on a fuel discount all the time borne by the taxpayer.”

Last week, diesel at the pump showed a national average price of 1.8319 euros per liter, while that of unleaded 95 gasoline reached 1.6797 euros and that of unleaded 95-E10 gasoline rose at 1.6222 euros, according to figures from the Ministry of Ecological Transition.

In the midst of a period of inflation, French motorists will therefore have to put more of their hands into their wallets, especially drivers of diesel vehicles who risk having to pay more than 2 euros per liter for their fuel. Discounts of 10 cents will continue to be applied until December 31.

In 2023, the government is instead counting on targeted aid for motorists “who are struggling to make ends meet”, said the Minister of Public Accounts, Gabriel Attal. Service stations were besieged this weekend and at the start of the week by motorists anxious to benefit from higher rebates, before these plane strokes. Many of them lacked at least one fuel and some were completely dry, particularly in Ile-de-France and Auvergne-Rhône-Alpes.

Leave a Comment

Your email address will not be published. Required fields are marked *