why are prices falling and will it last?

why are prices falling and will it last?
why are prices falling and will it last?

Established by the government since 1er April 2022, the fuel discount is changing this 1er september. The exceptional assistance to support motorists in the face of rising prices is increasing today and will continue for a few months.

A discount of up to 30 euro cents per liter

The fuel discount of 18 euro cents including tax per liter introduced on 1er April by the government increases from today, and will thus lower the price of the ticket at the pump. Until October 31, the aid amounts to 30 euro cents including tax per liter in mainland France; at 28.25 euro cents including tax per liter in Corsica and 25 euro cents including tax per liter in Martinique, Guadeloupe, Guyana, Reunion and Mayotte.

The aid is also changing for natural gas, and goes from €15 to €25 per megawatt hour (MWh), as for liquefied petroleum gas (LPG-c), since it goes from €29.13 for 100 kg net at €48.55 until October 31.

The extension of this aid in favor of purchasing power concerns all motorists, individuals and professionals and stems from the vote of the purchasing power law by Parliament last July.

Discounts that could be even greater for motorists who will go to Total stations. The oil giant has announced that it is adding its own fuel discount to that of the state. While the group had already made a reduction of 12 cents per liter this summer, it is increasing it to 20 cents per liter from 1er September to October 31. Over this period, drivers will be able to see a cumulative discount of up to 32 euro cents per litre.

Reduction in aid from November 1

Motorists should then see prices rise again, starting in early November, if the economic situation does not improve. The fuel discount will increase from 30 euro cents to 10 euro cents including tax per liter in mainland France; at 9.42 euro cents including tax in Corsica and at 8.33 euro cents including tax in Martinique, Guadeloupe, Guyana, Réunion and Mayotte.

The same goes for the aid granted for fuel natural gas, which will drop to €8.33 per megawatt hour (MWh), and for that granted for the purchase of liquefied petroleum gas (LPG-c), which will drop to €16.18. per 100 kg net.

These discounts will remain in effect until December 31, as indicated in the purchasing power law.

At Total, too, the aid will be less substantial for the end of the year. The group’s stations will halve their discount on fuel from 1er November and until December 31, from 20 to 10 euro cents per litre.

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The article is in French

Tags: prices falling

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