French Prime Minister Seeks Transparency On War Profiteering
French Prime Minister urged TotalEnergies to redistribute excess profits gained from rising crude oil prices. The Prime Minister suggested a generous price cap could benefit French consumers, implying current caps at the group's stations are insufficient. This follows a 50% increase in the oil company's first-quarter profits. Defense Minister Sébastien Lecornu also encouraged the company to redistribute more of its windfall gains. Prime Minister Sébastien Lecornu called for a price cap in a Sunday column. The proposal aims to redistribute excess profits earned by certain companies due to rising oil prices. This follows recent political controversy regarding windfall profits at Total Energy. Lecornu is monitoring the situation closely, according to the report.
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Sources · 7 independent
“Sébastien Lecornu encourage Total Energy à redistribuer davantage les surprofits réalisés avec la flambée des cours du brut.”
“French Prime Minister Urges TotalEnergies To Redistribute Profits”
“Le Premier ministre Sébastien Lecornu, évidemment, suit cela extrêmement attentivement. Dans la tribune dimanche, il appelle à un plafonnement des prix.”
“une transparence que le Premier ministre a souhaitée, de dire très régulièrement, tous les dix jours, où en est la situation, et surtout éviter qu'une fausse idée se propage”
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