Thailand Hikes Diesel to 50.54 Baht as Fuel Crisis Deepens

Terrible for ordinary Thais. Suggest the country apply 100% tariffs to American goods to pay for it.

From 30 to 50 B in 1 month.

This is going to hurt.

3 hours ago, daveAustin said:

Terrible for ordinary Thais. Suggest the country apply 100% tariffs to American goods to pay for it.

Have you forgotten who actually ends up paying tariffs?

48 minutes ago, FlorC said:

From 30 to 50 B in 1 month.

This is going to hurt.

Long-haul truckers will have to raise prices and the cost of most everything will rise, especially for those in outlying areas.

4 minutes ago, Hawaiian said:

Long-haul truckers will have to raise prices and the cost of most everything will rise, especially for those in outlying areas.

Will definately hurt the diesel trucks, majority I see on the 7 motorway are CNG/NGV fuelled though.

6 minutes ago, Ralf001 said:

Will definately hurt the diesel trucks, majority I see on the 7 motorway are CNG/NGV fuelled though.

The price of CNG/NGV will most likely go up also.

3 hours ago, daveAustin said:

Terrible for ordinary Thais. Suggest the country apply 100% tariffs to American goods to pay for it.

Its obvious you do not know how Tariffs work!!!!!!! The corrupt Thai Goverment should be held responsible !! they are profiteering from this ! but as its Thai NOTHING will happen

4 minutes ago, Hawaiian said:

The price of CNG/NGV will most likely go up also.

It is not subsidised though so any increase will not be as substantial as what we are seeing with diesel.

1 minute ago, MikeandDow said:

Its obvious you do not know how Tariffs work!!!!!!! The corrupt Thai Goverment should be held responsible !! they are profiteering from this ! but as its Thai NOTHING will happen

And yet the Thai governement is seeking a loan of 150 billion baht to maintain the fuel fund subsidy.

8 minutes ago, MikeandDow said:

Its obvious you do not know how Tariffs work!!!!!!! The corrupt Thai Goverment should be held responsible !! they are profiteering from this ! but as its Thai NOTHING will happen

You mean should be held responsible because all those years the heavily subsidised the fuel, so you could fill up cheaper?

1 minute ago, Ralf001 said:

And yet the Thai governement is seeking a loan of 150 billion baht to maintain the fuel fund subsidy.

so why is the price going up ??? and who in there right mind would loan this corrupt goverment money !! and it seems a bit late in the day to get a loan where is all the money ?? Thais can not look forward allways retrospectively

1 minute ago, CallumWK said:

You mean should be held responsible because all those years the heavily subsidised the fuel, so you could fill up cheaper?

YES rather than spending billons on subs and frigates the money should go to HELP the people

Just now, MikeandDow said:

YES rather than spending billons on subs and frigates the money should go to HELP the people

Nice deflection, is that all you got?

Subsidizing the fuel helps people, because they travel cheaper, and everything they buy is cheaper because of the cheaper transport.

What frigates suddenly have to do with this is beyond my undrstanding

3 minutes ago, MikeandDow said:

so why is the price going up ??? and who in there right mind would loan this corrupt goverment money !! and it seems a bit late in the day to get a loan where is all the money ?? Thais can not look forward allways retrospectively

Actually I worded that wrong, the fuel Fund is seeking a 150 billon baht load from the goverment.

Diesel is increasing in price due to the fund reducing the subsidy (Bt.18.10/Lt as of today) to help ease the burden of the increasing barrel price before the fund goes bankrupt.

2 minutes ago, CallumWK said:

Nice deflection, is that all you got?

Subsidizing the fuel helps people, because they travel cheaper, and everything they buy is cheaper because of the cheaper transport.

What frigates suddenly have to do with this is beyond my undrstanding

Well if you can not understand what frigates or subs have to do with it you need help!!!

4 hours ago, daveAustin said:

Terrible for ordinary Thais. Suggest the country apply 100% tariffs to American goods to pay for it.

They probably already have on some products.

2 minutes ago, MikeandDow said:

Well if you can not understand what frigates or subs have to do with it you need help!!!

No I don't understand what they have to do with subsidizing the fuel for years, which is the TOPIC of this thread

Maybe you can explain to everyone here

3 minutes ago, Ralf001 said:

Actually I worded that wrong, the fuel Fund is seeking a 150 billon baht load from the goverment.

Diesel is increasing in price due to the fund reducing the subsidy (Bt.18.10/Lt as of today) to help ease the burden of the increasing barrel price before the fund goes bankrupt.

The fuel fund is part of the goverment so if thailand did not buy subs or frigates to defened againts nobody would it not be better to use THAT money to help the people

13 minutes ago, MikeandDow said:

The fuel fund is part of the goverment so if thailand did not buy subs or frigates to defened againts nobody would it not be better to use THAT money to help the people

The erection you have for submarines is substantial !

54 million litres 'missing' from the SFR......and companies now being audited for hoarding and misreporting reserves, which they are using to try and further increase prices.....land of scams.

Diesel prices affect farmers, usual amongst the lowest rung in the economy, whose pickup trucks are normally diesel powered; while it seems to make sense to reduce the subsidy on diesel, I fear it will be the poor who receive the biggest impact and worse still, those who make our food.

When I look at the many people who drive pickup trucks and therefore fill up with diesel, it's not just farmers, quite the opposite. Thailand seems to be the only country that subsidizes diesel for all segments of the population, and that comes at a price. Instead, they should encourage the population to drive less and save diesel an all kind of fuel, especially by eliminating unnecessary trips. The subsidies will eventually have to be repaid. Everyone who uses fuel will have to contribute to that.

there are many expats with nowhere to go, they could let value of baht

increase

31 minutes ago, 10000Baht said:

When I look at the many people who drive pickup trucks and therefore fill up with diesel, it's not just farmers, quite the opposite. Thailand seems to be the only country that subsidizes diesel for all segments of the population, and that comes at a price. Instead, they should encourage the population to drive less and save diesel an all kind of fuel, especially by eliminating unnecessary trips. The subsidies will eventually have to be repaid. Everyone who uses fuel will have to contribute to that.

The trouble with Thais is that they are inherently lazy and wont even walk 100m if transport is available

3 hours ago, Chivas said:

The trouble with Thais is that they are inherently lazy and wont even walk 100m if transport is available

Quoting myself with example

I was over Soi 5 Jomtien extending visa using an agent

We've done all the initial documents in her office which at the most was 60m from immigration offices

Complete paperwork and she says ok to immigration.

I've gone outside and turned looking for her and shes gestured get on bike. Thinking we're obviously going somewhere else first I ask....no she says up there to immigration lol

I gesture her to carry on and will meet her there...... 20 seconds later I'm there whilst she's looking for somewhere to park the bike lol

6 hours ago, MikeandDow said:

The fuel fund is part of the goverment so if thailand did not buy subs or frigates to defened againts nobody would it not be better to use THAT money to help the people

People's & Country's priorities can be identified by their budgets (the way they spend the money available to them).

7 hours ago, FlorC said:

From 30 to 50 B in 1 month.

This is going to hurt.

Yup. Large sack of ice up from ฿30 to ฿35 next week.

Fuel costs.

Never up by 2 or 3 baht.

Same soon with a bowl of noodles, up by ฿5.🙃🙃

6 hours ago, Ralf001 said:

And yet the Thai governement is seeking a loan of 150 billion baht to maintain the fuel fund subsidy.

Read as "Army".

52 minutes ago, Chivas said:

Quoting myself with example

I was over Soi 5 Jomtien extending visa using an agent

We've done all the initial documents in her office which at the most was 60m from immigration offices

Complete paperwork and she says ok to immigration.

I've gone outside and turned looking for her and shes gestured get on bike. Thinking we're obviously going somewhere else first I ask....no she says up there to immigration lol

I gesture her to carry on and will meet her there...... 20 seconds later I'm there whilst she's looking for somewhere to park the bike lol

Which doesn't validate your claim 'Thai are lazy'.