Total will limit the price of gasoline and diesel to 1.99 euros in 2023

This measure will come into effect from February 25 on the motorways and from March 1 at all Total stations in France.

If the fuel allowance of 100 euros can be claimed until March 31, the oil company Total announced on Wednesday evening a cap on the price of gasoline and diesel at 1.99 euros, below the psychological threshold of two euros. This measure will come into effect from February 25 on motorways and from March 1 at all Total stations.

In all Total Energy stations, in 2023, diesel and gasoline will not exceed 1.99 euros, CEO Patrick Pouyann announced on TF1. If oil prices go up, the company will pay the difference. In recent days, Total had been pressed by the government to make a gesture for the French and the French as the company recorded record profits of 20.5 billion euros in 2022.

An average price per liter currently below 2 euros

Last week, diesel was sold in France at an average price of 1.8382 euros per litre, almost stable compared to the previous week. Unleaded gasoline was sold on average at 1.9070 euro per litre, also almost stable, as was SP95-E10 at 1.8776 euro per litre. The door of the measure announced by Total therefore remains limited since it does not change anything if the selling price is less than two eurosas is currently the case in most Total stations.

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All year 2022, Total had implemented a direct reduction at the pump, between 20 and 10 cents depending on the period, similar to that of the government.

Fuel bonus of 100 euros: these French people wrongly excluded from exceptional tax assistance

10 million taxpayers can benefit from the fuel allowance of 100 euros which must be claimed by the end of March. So far, less than half have asked for it. Beyond 5 million, we estimate that the objective could be met, explains the DGFiP MoneyVox.

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