Fuels: in the Face of a "Never Seen" Crisis, Gas Stations Have the Blues
7 Articles
7 Articles
CHRONIQUE. Total's strategy of capping its prices pushes motorists to fall back on competitors who practice prices up to 35% higher. A manipulation of the market that benefits unforced playersContrary to the high prices of fuels, there are the good, bad and illusory means to try to lower them.Our French neighbours thought they had found a parade when Total decided to cap its prices at the pump. A priori, this measure has had remarkable perverse …
The record fuel prices, inflated by the wars in the Middle East and Ukraine, are undermining the economic model of the stations, especially those that cannot match the prices capped by the sector's giant, TotalEnergies. "I've been managing the station for eleven years, and it's been the first year that it's been so complicated," explains AFP Sébastien Contremine, who "hont to display these prices", in the station adjacent to his garage in Vessea…
Is the fuel crisis causing the bankruptcy of independent gas stations? There are about 3,800 in Hexagon. Despite the price boom, their margin is still low. They are deserted in favour of stations that can afford to offer cheaper blocked rates. Their future is very uncertain. They can only rely on a few loyal customers very attached to these proximity services. To survive, some are forced to diversify. (Conso and trends).
The explosion of fuels is undermining the independent stations, unable to match the capped prices of the sector's giant. Between cash in the... Read more Gas station managers are throwing sponges at prices that fly away appeared first on Le Singulier.
Paris, Sep 24 (Latin Press) In the face of the fuel rise crisis, the French government put in place support measures, but today there is another issue of concern: the subsistence of the gas stations themselves. The post Fuel crisis in France impacts on gas stations first appeared on News Prensa Latina.
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