Up to -40% in consumption volume: U Cooperative’s boss cites a 'real collapse' in fuel consumption in October

“People are no longer moving.” The CEO of Coopérative U, Dominique Schelcher, reported on CNews/Europe 1, Tuesday October 27, a “real collapse” in fuel consumption that occurred in October, due to the increase in prices linked to the war in the Middle East. “At Coopérative U, it’s -10% in volume since the start of the year (...

) and there, we have [service stations] in the month of October, it's up to -40% in consumption volume", quantified the manager. "People don't move anymore", "stay at home, sacrifice a lot of things" because the price of fuel "is weighing too much on their budget to date". In mid-October, the Prime Minister, Sébastien Lecornu, promised that diesel prices would drop for consumers "from November 1", thanks to the clearance of millions of barrels and at the discretion of distributors.

The expected drop in the price at the pump could range from 12 to 18 cents per liter, according to the government, which would represent "around ten euros of savings with each fill-up on average". Also read "High rollers" fuel aid: new beneficiaries can now register online But the terms of this initiative must "still be worked on this week, there are several meetings with the government to discuss the subject", he clarified. “It will give a little breath of fresh air from next week, but it will not be every day and not all the time because it will only be a part of the consumption that is affected,” he further warned.

Machine-translated from French