Why we will have to learn to live with expensive oil

Distributors should be authorized to sell fuels at a loss, from December 1, for six months. Tom Craig/directphoto – stock.adobe.com

DECRYPTION – The barrel of Brent, which was close to 95 dollars this Monday, has gained 22 dollars since June 27. And there is no sign that it is preparing to decline.

End of the world and end of the month. The two are more opposed than ever as prices at the pump soar. Motorists are waiting for a gesture from the government which has turned to TotalEnergies and fuel distributors. It is up to them to take the necessary measures to stem the soaring diesel or unleaded bill. Since the start of summer, the price of a liter has jumped by 27 cents for diesel, reaching 1.93 euros on average and by 16 cents for unleaded 95 to 1.97 euros. And in certain stations, the 2 euro barrier is easily crossed, with peaks at 2.30 euros per liter.

The boss of TotalEnergies, Patrick Pouyanné, announced at the start of last week a capping of diesel and unleaded prices at 1.99 euros per liter, “as long as prices remain high», in its 3,400 French service stations. It thus extends the measure installed in March, but which became effective with the strong rebound in crude oil prices. Distributors should…

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