pump prices soar after discounts drop

Unsurprisingly, prices at the pump soared last week in France, after the drop in rebates from the State and TotalEnergies, according to government figures published Monday, November 21.

Read also: Fuel: rush on service stations, new aid system… The questions raised by the drop in the rebate at the pump

Diesel sold at a national average price of 1.9059 euros per liter at service stations, or 10.39 cents more than the previous week, according to figures from the Ministry of Ecological Transition arrested on Friday. In some stations, the price of diesel has even exceeded 2 euros per liter.

Unleaded petrol 95-E10 increased by 13.40 cents and was displayed in stations at 1.7514 euros per liter on average. Unleaded 95 cost 1.7828 euros per liter on average, up 9.73 cents.

Two discounts of 10 cents until December 31

The price increase is mainly linked to the drop, Wednesday, November 16, discounts hitherto in force. That of 30 euro cents, financed by the State since 1er September, was reduced to 10 cents. The TotalEnergies group has for its part passed its own from 20 to 10 cents. These two discounts of 10 cents will remain in effect until December 31.

For 2023, the government plans targeted aid for certain motorists “who are struggling to make ends meet”, said the Minister Delegate for Public Accounts, Gabriel Attal, without providing further details. Before these strokes, French service stations were beset by motorists anxious to benefit from higher discounts. Many of them then lacked at least one fuel and some were completely dry, particularly in Ile-de-France and Auvergne-Rhône-Alpes.

Read also: The map of fuel shortages and prices in real time at all service stations in France

The World with AFP

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