PARIS (Reuters) - The Minister of the Economy has announced that he will ask the oil companies to lower the price of fuel at the pump.
Asked about France 2, Thierry Breton did not rule out an exceptional tax on their profits, if they do not behave as “corporate citizens”.
He said he would meet Friday, September 16 in Bercy "all players in the oil sector", which are currently generating record results thanks to soaring oil prices.
"I told them that I awaited concrete and tangible proposals from them, because the situation requires it," said the minister, who stressed that the price of a barrel had "practically doubled in one year".
"We will ask them to behave as corporate citizens," he added. “For example, we can envisage that they will reduce the price at the pump, that is to say, give back to the French (…) a part of the exceptional profits corresponding to an exceptional situation. "
Oil companies could also be invited to "invest significantly" in renewable energies or "clean cars" programs.