Fuels: the CEO of TotalEnergies refuses to sell his gasoline at a loss and specifies that he will “not go any lower”

The “Quotidien” show, presented by Yann Barthès, asked the CEO of TotalEnergies, Patrick Pouyanné, what he thought of the resale of fuels at a loss announced by the government this Monday, September 18.

“A little common sense, that’s it, thank you”

At the journalist’s microphone, Patrick Pouyanné announced that he refused to sell his fuels at a loss and that he would not go below the set price per liter: “1.99 euros is a ceiling, TotalEnergies’ policy will be assured (…) I will not go any lower. It is already a significant effort,” he declared.

He adds: “This ceiling applies in approximately 3,000 stations today. So that means that the normal price is higher.” He questions the journalist: “Do you often sell products at a loss?” and concluded: “A little common sense, that’s it, thank you.”

Gasoline price cap extended “as long as prices remain high”

Last week, TotalEnergies announced that “as long as prices remain high”, it would extend the cap to 1.99 euros per liter on the price of gasoline and diesel at its 3,400 stations next year.

This Tuesday, September 19, Bruno Le Maire, Minister of Economy and Finance, summoned the managers of Leclerc, Carrefour, Intermarché, Système U, Casino and Auchan. They declared that they were opposed to the resale of fuel at a loss in the parking lots of their hypermarkets.