Refuel with cheaper petrol? Some have the trick! While the price of fuel in France is at its highest.
The French can reassure themselves. The price of fuel is about to drop significantly within our borders. This is due in particular to the decision of the European Union not to follow up on the Russian petrol embargo.
Furthermore, the precious black gold is also subject to the laws of the market, and its excesses. Michel-Edouard Leclerc, general manager of Leclerc supermarkets, recently explained to BFMTV: I find there is no rationality in this market. There are stocks, there is no less oil today, even the Russians still sell diesel.
Petrol: prices start to go down
There was no objective reason for it to go up, the markets speculate. What we could have done was to sell at the selling price but in one week we saw an increase of 20 cents, the average price must be between 2.15 and 2.22 euros per liter.
The financial markets reassured by European decisions, the surge in fuel prices should subside quickly and the first signs are already being seen.
A bigger drop since Monday
According to Michel-Edouard Leclerc, the price of gasoline is expected to drop further this week and in the coming weeks. He confides it to our colleagues at BFMTV: The market is changing. The crude oil market has been down for two days.
The euro is up against the dollar. Diesel is expected to lose 35 cents per liter, a tidy sum that will allow drivers to make big savings. As for the price of unleaded gasoline, it should drop by 5-10 cents per liter.
The trick of the French cross-border commuters in Luxembourg
⛽📈 + 2% for petrol, + 7% for diesel
Three days after the 18 cent per liter discount, fuel prices start to rise again ⤵ pic.twitter.com/tLE6oh1nyU
– BFMTV (@BFMTV) March 29, 2022
If gasoline is sold at a high price in France, this is also true throughout Europe and even the world. However, each country has a different level of taxation and independently negotiated purchase prices. Therefore, gasoline prices can vary greatly, even within Europe.
Luxembourg, for example, has rather attractive prices at the pump. While diesel hit 2.11 euros per liter last week, it just dropped 41 cents. This is a real plus for all cross-border commuters, who rush out of France to fill up with fuel at a lower cost. They can also legally introduce an additional 10-liter petrol can. However, it must be approved.
Fuel: price increase linked to the war in Ukraine
The price of fuel at service stations recently exceeded 2 euros per liter, leaving the French in shock. This price increase is of great concern to people who are dependent on their vehicle.
Of course, this exorbitant gasoline price is no accident. It is closely linked to the war in Ukraine, which is still ongoing. We recall that on February 24 Vladimir Putin shocked the international community by ordering the invasion of his border country. The war is still going on right now and the Ukrainian forces are incredibly resisting the Russian war machine.
Many countries in the free world, NATO members or not, have severely sanctioned Russia. The goal is to economically sink the country to force the troops to withdraw from Ukraine. Among its measures, many countries have decided not to buy more oil from Russia.
Russia is one of the main importers of raw materials in Europe, particularly in France. As a result, the price per barrel of crude oil rose above $ 130. The price of petrol and diesel has therefore skyrocketed to the staggering amounts we know of. Fortunately, the government is ready to absorb some of this price.
Petrol: the government announces measures
He could not fail to notice that we are in the middle of an election period. While Emmanuel Macron refuses to confront the other candidates, his government presents a series of measures.
A big communication hit? Certainly. Thus, from April 1st, fuel consumers will benefit from a discount of 15 cents per liter at the pump, whatever the fuel.
Prices displayed at petrol stations will not reflect this aid, which will only be deducted at the time of payment. This can represent significant savings for people who use their car regularly.
Gasoline Price Explosion! ⛽️ pic.twitter.com/2fLVP9IuDE
– Bertrand Usclat (@BertrandUsclat) March 25, 2022
The measure was widely applauded, even if some consider it insufficient in view of the soaring price of gasoline.
The government is now trying to seduce civil servants. They can now benefit from increased essence costs.
Anyone who works in the public service can be reimbursed for travel expenses. The reimbursement rate had not been revalued since 2006.
Fuel prices have risen so much over the past 18 years that it is no longer profitable for utility workers to pay mileage. This should help lighten their wallets. For private sector employees, we remain optimistic and hope that the drop in the price of a barrel of oil will continue in the coming weeks!