The Prime Minister of France Elisabeth Borne spoke in interview and dropped the news in that the government plans to allow gas stations to sell fuel at a loss. A 1963 law prohibits this but that law will be overridden for a period a limited period of a “few months.”

  • She ruled out the government cutting fuel duties.
  • “With this unprecedented measure, we will get tangible results for French people without subsidizing fuel”

(Last year, the government directly subsidized fuel costs for households)

Info comes via a Bloomberg report (gated). I was curious about that 1963 law but there are no further details.

oil petrol inflation 10 June 2022