
Tuesday, November 3, Serge Papin welcomed a drop in diesel prices in 6,000 service stations out of 10,000, following the release of strategic reserves by the government.
Tuesday, November 3, Serge Papin announced that 6,000 service stations out of 10,000 have lowered their diesel prices by 12 to 15 cents on average, thanks to the release of ten million barrels of strategic reserves by the government.
AI-generated summary
The government has released ten million barrels of diesel to lower prices at the pump.
“Contract fulfilled”, welcomed Serge Papin, Tuesday November 3, after a meeting in Bercy with fuel distributors. As promised by the government, diesel prices have already started to fall, assured the Minister of SMEs, Trade and Purchasing Power.
“To date, there are 6,000 stations out of the 10,000 which have lowered their prices” by 12 cents on average, and even by “more than 15 cents” in 4,000 of them, he told the press. This dynamic will continue “in the days to come”, promised Serge Papin, since “little by little, it is the 10,000 stations which will lower their prices”.
This reduction, eagerly awaited by millions of French motorists and professionals, is made possible thanks to the release by the government, since November 1, of ten million barrels of diesel, or around 10% of national reserves.
A small victory for the executive, especially since the operation is complex and unprecedented. “This is the first time that strategic stocks have been used to lower prices,” explained Serge Papin, the latter usually being intended to compensate for shortages.
Accompanied by numerous “technical and legal problems”, the operation constituted “a real logistical challenge”, underlined the minister.
AI outlook — possibilities, not facts
Extension of the price reduction to 10,000 stations
Likely · Within days

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