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President Macron Says France to Ask Oil Industry to Sell Fuels at Cost
Posted on 9/25/23 at 7:40 am
Posted on 9/25/23 at 7:40 am
quote:
(Bloomberg) -- French President Emmanuel Macron said he will push the country’s oil sector to sell gasoline and diesel at cost as the government seeks to mitigate the impact of surging prices for households without spending vast sums of public money.
France has put on hold previous plans to allow gas stations to sell at a loss amid pushback from small operators. Macron said he would keep that as a threat, however, when Prime Minister Elisabeth Borne meets with all players in the sector this week to demand greater transparency on margins and request they sell at cost.
“There is one thing we can take action on and that is acting on abusive margins in refining,” Macron said Sunday evening in an interview on TF1 and France 2 TV channels.
Fuel prices are an explosive political issue in France, where an increase in levies in 2018 sparked the Yellow Vest movement that spiraled into months of protests over living standards.
Last year, the government provided blanket subsidies at a huge cost to public finances. Macron dismissed reinstating those discounts and also said the government cannot afford to cut taxes on diesel and gasoline if it is to continue financing the green transition and the welfare state.
quote:
The budget will also include an increase of annual spending on the green transition to €40 billion ($42.6 billion) from €33 billion. Part of that will go toward transforming France’s two remaining coal-fired power stations to biomass by 2027, Macron said.
“We will invest massively,” he said. “The first thing is we must exit coal.”
LINK
So companies need to sell their products at cost, but government is still going to keep its full amount of taxes on those products.
France is officially a shite hole country with shite “leaders”.
Posted on 9/25/23 at 7:42 am to ragincajun03
My god leftists are just stupid.
Posted on 9/25/23 at 7:43 am to ragincajun03
the oil companies need to tell him in public...we operate on less than 5 cents per gallon ...then state whatever the gas tax rate is.
Posted on 9/25/23 at 7:44 am to ragincajun03
Leftist leaders straight up racing their countries to the bottom.
This post was edited on 9/25/23 at 7:45 am
Posted on 9/25/23 at 7:45 am to ragincajun03
quote:
President Macron
Do they have as big of a moron as a leader as we do?
Posted on 9/25/23 at 7:45 am to ragincajun03
you'll see potato head do the same thing pretty soon
Posted on 9/25/23 at 7:45 am to Darth_Vader
quote:
My god leftists are just stupid.
Paris’s attitude to the rest of the country is, “frick ‘em.”
They think they’re better than everyone else.
Posted on 9/25/23 at 7:46 am to ragincajun03
I would love to purchase an iPhone 15 at costs also.
Posted on 9/25/23 at 7:47 am to ragincajun03
So the government is basically stepping in to manage the private business by setting the margins in order to appease the citizens. Soooooooooo, full on socialism.
Posted on 9/25/23 at 7:48 am to ragincajun03
So companies should sell their product at cost and the government will continue to collect the tax on that product to spend money to put these companies out of business by financing the green transition?
Makes total sense huh?
Makes total sense huh?
Posted on 9/25/23 at 7:48 am to ragincajun03
Sooner or later the populace will realize if you stop funding globalist bullshite, progressive social issues, and quit importing migrants, you can subsidize the food and energy sectors of your country and become pretty much unstoppable.
Unfortunately no government is disciplined or incorrupt enough to do this.
Unfortunately no government is disciplined or incorrupt enough to do this.
This post was edited on 9/25/23 at 7:57 am
Posted on 9/25/23 at 7:48 am to ragincajun03
They can ask all day long. But they can also be told to STFU and go away. Leftist are fricking idiots.
Posted on 9/25/23 at 7:48 am to ragincajun03
Europe is such an uncivilized continent. It’s hilarious that people on the left in America look up to them.
Posted on 9/25/23 at 7:49 am to bad93ex
quote:
Do they have as big of a moron as a leader as we do?
France’s President is still mentally competent, so he’s able to come up with stupid leftist ideas and laws on his own.
President Biden has to try to just gurgle whatever Granholm, Buttigieg and Kerry tell him. Sometimes he’s able to without drooling on himself.
Posted on 9/25/23 at 7:51 am to Darth_Vader
quote:
My god leftists are just stupid.
At this point gotta wonder if they are ok with looking stupid as a cover for being paid off and/or willfully destructive of Western economies.
Posted on 9/25/23 at 7:52 am to Klark Kent
quote:
Leftist leaders straight up racing their countries to the bottom.
My country has one with the same ideology. Most of his congress does too.
Posted on 9/25/23 at 7:52 am to Klark Kent
quote:
Leftist leaders straight up racing their countries to the bottom.
As long as they get their parachute they don't care. People have got to stop voting for this.
Posted on 9/25/23 at 7:53 am to ragincajun03
Leftist are like Carl Lewis singing the national anthem. Screw up the first part, then announce they are going to fix it, only to suck more.
Posted on 9/25/23 at 8:00 am to DeCat ODahouse
quote:
At this point gotta wonder if they are ok with looking stupid as a cover for being paid off and/or willfully destructive of Western economies.
They don’t understand the difference. Liberals entire ideology loft is based on the emotion of vanity. So if you can imagine thinking and acting like a 13 year old girl you will understand the leftist mindset.
Posted on 9/25/23 at 8:00 am to Lima Whiskey
quote:
Paris’s attitude to the rest of the country is, “frick ‘em.”
Similar to DC, NY, and LA?
Go figure.
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