TotalEnergies’ Price Cap Initiative: Supporting French Purchasing Power and Fluctuating Energy Market

2023-10-22 06:35:51

One of the major partners of the Entrepreneurs’ Forum last Thursday at the Vélodrome stadium in Marseille, TotalEnergies was notably represented by its Managing Director France, Isabelle Patrier. The oil group had announced the day before that it was capping the price at the pump at €1.99 until the end of 2024. The opportunity to discuss with the manager the very fluctuating energy market. This ceiling at 1 .99€, is this a helping hand for the French? We are doing it to support the purchasing power of the French for whom 1.99€ is a significant barrier. We do this by taking from the results of our oil production activities abroad. This, however, allowed the withdrawal of the refiners’ tax in the next finance bill…In the price
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