Fuel prices: the trap is gradually closing…

The government decided that rebate on gasoline prices will last for a few more months. This is news that delights car users who have been taking advantage of this reduction for several months.

This exceptional aid began in March. The government had put it in place after the rise in the price of gasoline. Find out until when the French will take advantage of this reduction which makes people smile.

An extension in consumer profit

Following the current conflict on European soil, the price of gasoline and other fuels have soared. At one point, the French saw the price of fuel arrive, even exceed the bar of 2 euros per liter.

It was not until the beginning of August that motorists noticed lower fuel prices. Lately however, it seems that the price of fuel has started to increase.

Take for example the liter of SP95 (E5) gasoline which is at 1.80 euro on Thursday, August 25, 2022. Compared to last month’s prices, petrol is down 12 cents. Diesel, on the other hand, is on the rise.

The price is 1.92 euro, an increase of 9 cents in a week. Diesel only saw a reduction of 2 cents in one month. The government assistance that took effect in March remains a big boost for consumers.

This aid was to end on July 30, but the government had decided to extend it until the end of August. On Wednesday August 24, a new decision was published. According to the publication of the government, the discount of the price of fuels whose gasoline continues until December 31, 2022.

This good news is for consumers who use the following fuels :

  • Gasoline (SP95/98-E5, SP95-E10, LPG-c, CNG in compressed (CNG) or liquefied (LNG) form
  • Diesel fuel (B0, B7, B10, B30, B100 and XTL, and even those for off-road (GNR) use
  • ED95 Diesel Ethanol
  • E85 superethanol

The discount of 30 cents and an exceptional bonus

However, it should be noted that the discounts have undergone some changes. The 30 cents discount will take effect for only two months. It will be effective during the months of September and October.

“The discount could go from 18 to 30 euro cents in September and October,” explains Bruno Le Maire.

In November and December, the discount on fuel prices decreases to 10 cents per liter. The government has not yet spoken about what will happen in January 2023.

According to the president of the LR group, Olivier Marleix, the discussion on the 2023 budget will be done next fall. In addition, the government has taken a decision to help service stations.

Certain operators in the fuel sector will receive additional aid. An exceptional bonus that goes up to €3,000 for service stations in difficulty.

To pay this aid, the government will base itself on the sales averages for the year 2021. If in total the service station has sold less than 500 hectoliters of fuel on average per month, the farmer will receive the bonus

To obtain this aid, the owner of the farm will have to a request to the government.

The transport premium doubles

With the budget of 44 billion euros, the State has decided to reassess certain allowances and bonuses. One of the decisions that delights the French is the reassessment of the transport premium.

It particularly affects employees who travel by car to go to work. This tax-exempt bonus, which relieves them of the payment of fuel, was at 200 euros per year.

For the year 2022 and 2023, the transport premium doubles for 400 euros per year. In the French overseas departments, this aid triples up to 600 euros. It should be noted that all employees who go to work by vehicle can benefit from this bonus.

In other words, if the employee has to pay for gasoline or other fuel to go to work, he will be able to claim this assistance. As of this year, the employees who benefit from it can get refund half of their train journey.

However, the allocation of this doubled bonus depends on the companies. They must have the means to pay the amount to the employees in order to be able to allocate the transport allowance.

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