Obviously pitrouliers are based on this argument so as not to pass on the drops in crude ...
The Price and Margin Observatory will check fuel prices published on 09/03/2011 at 10:54, updated on 09/03/2011 at 10:57
PARIS - The Price and Margin Observatory will focus on fuel prices, which are currently at record levels, Secretary of State for Commerce Frédéric Lefebvre announced on Wednesday while monitoring price at a service station.
"The Observatory of margins and prices (...) will compare and control" the prices of fuel, indicated Mr. Lefebvre, during a control of the agents of the General Directorate of competition, consumption, and of the repression of fraud (DGCCRF) in a Parisian service station.
The Minister of Economy Christine Lagarde was also present.
This body will ensure "that there is no abuse in the repercussion" between the refinery prices and the prices at the pump.
"The controls are there to ensure that all the information given to consumers is transparent and verifiable," said Lefebvre, who encouraged motorists to play competition between stations.
The Price and Margin Observatory, created in 2008, was initially planned to monitor food prices.
It had to refocus on the retail prices of mass consumption products sold in supermarkets.
Ms. Lagarde meanwhile excluded any drop in taxes related to gasoline, whether the internal tax on petroleum products (TIPP) or VAT.
"On the VAT, there have been attempts in the past (...), it was of little effect, because it resulted in extremely small price reductions for, on the other hand, reductions in tax revenue for the Very strong state ", she justified.
It also encouraged consumers to practice "economical driving", in particular by moderating their speed.
Citing the example of Spain, which lowered the maximum speed of 10 km / h on motorways to limit fuel consumption, she said that this measure was not on the agenda.
"We are not considering it, nor are we ruling it out at this stage. But each individual can reduce," she said.
By AFP
http://www.lexpress.fr/actualites/1/eco ... 70310.html
As an econologist, I may be for an expensive oil, it starts to do a lot in a short time:
a) slow rise = change behavior and make alternatives competitive = YES
b) rapid rise = sinking the economy (and that's what will happen) = enriching a minority = NO
Read also: http://www.rmc.fr/editorial/151611/nos- ... r-a-letat/
Our fuels bring in 2 million a day to the State
According to the French Petroleum Institute, the state benefits greatly from the increase in fuel prices, recovering on average 2 million euros each day in tax revenue just with VAT. Explanations.
Details: https://www.econologie.com/taxation-fisc ... -3471.html
https://www.econologie.com/forums/essence-re ... t5405.html