Marine Le Pen calls for TotalEnergies superprofits tax if price cap insufficient

Marine Le Pen, leader of the Rassemblement national, stated that taxing TotalEnergies' superprofits would be necessary if the fuel price cap does not sufficiently protect French purchasing power. TotalEnergies is currently capping unleaded gasoline at 1.99 euros per liter and diesel at 2.09 euros. This measure aims to counter price rises caused by the war in the Middle East.

On Saturday, May 2, 2026, during a walk at the Sens fair in the Yonne department, Marine Le Pen commented on TotalEnergies' initiative. "Total eux-mêmes se rendent compte qu'il faut qu'ils fassent cet effort et ils ont donc décidé de plafonner leurs prix. Moi, la seule chose que je souhaite, c'est que ça bénéficie au pouvoir d'achat des Français et après on fera les comptes," she stated.

She added: "Entre la proposition que nous avons faite (la taxation) et le fait qu'ils plafonnent les prix, nous verrons si effectivement ça correspond à la contribution que nous souhaitons obtenir." Marine Le Pen denied engaging in "Total bashing," calling the company a "champion national" of which "on est très fier."

Last Wednesday, she had deemed it "normal" to tax TotalEnergies' superprofits, which saw net profits jump 51% in the first quarter due to price hikes from the Middle East war. RN president Jordan Bardella had stated that such a tax was "not the priority."

Marine Le Pen reaffirmed no economic divergences within RN with Bardella. She renewed her call to cut fuel taxes, proposing a VAT reduction from 20% to 5.5%. In Sens, she was greeted by supporters but also a hostile demonstration demanding her court appearance.

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A crowded French gas station with long lines of cars and a prominent fuel price sign showing record highs due to the Middle East crisis.
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Fuel prices hit new high in France amid Middle East crisis

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Gasoline prices reached their highest level since the start of the Middle East conflict on Wednesday, May 6. The average price of super unleaded 95 stood at 2.03 euros per liter. The increase stems from the war and the paralysis of the Strait of Hormuz.

Prime Minister Sébastien Lecornu has called on TotalEnergies to strengthen its fuel price caps to redistribute its superprofits. The statement comes amid a sharp rise in the group's earnings due to the Middle East conflict. The government is opting for targeted aid amid budget constraints.

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Prime Minister Sébastien Lecornu announced in Bordeaux new targeted aids «early next week» to counter the fuel price surge linked to the Middle East conflict started over a month ago by US and Israeli strikes on Iran. He assured there was no shortage in the country. The French public expresses strong skepticism about the government's effectiveness.

Economy Minister Roland Lescure detailed conditions for a new government aid targeting nearly 3 million modest high-mileage drivers affected by soaring fuel prices. The measure, averaging 20 euro cents per liter, will be available from May via an online platform on impots.gouv.fr.

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Federal Economics Minister Katherina Reiche (CDU) has rejected demands for an excess profits tax to address high fuel prices. She called measures like fuel vouchers misleading and proposed raising the commuter allowance instead. The price surges stem from the Iran war.

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