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Fuel Consumption in Thailand Sees Plunge of 4.4% in First Eight Months


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BANGKOK (NNT) - According to the Department of Energy Business, fuel consumption in Thailand took a plunge of 4.4% in the first eight months of 2021 to a daily average of 131 million liters, compared to a daily average of 137 million liters last year.

 

Demands for the major fuel types - diesel, petrol, jet fuel and compressed natural gas - all took a nosedive. However, demand for liquefied petroleum gas (LPG) increased.

 

Chief of the department, Nantika Thangsuphanich, said the restrictions on both air and land transport in the second and third quarters were the major causes for the decline. People were working from home due to the widespread coronavirus outbreak during which curfews were also imposed.

 

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No Surprise in the fact that the use of vehicles and transit have used less fuel with the lockdowns and such.  I have noticed that with my driving and fueling the price for the to 95 fuel is a little ore than over a year ago.

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1 hour ago, keith101 said:

Usage is down and the prices are up to compensate for the losses .

They don't get discounts on oil.

Oil and gas prices going up steep worldwide.

French government intervening/regulating.

More to come.

Thai government doing the usual: capping Diesel price using funds from other fuels.

 

Edited by KhunBENQ
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1 hour ago, johng said:

Price of crude oil is also up to about 80 dollars a barrel  like before the covidiocy struck.

 

Might rise over 100 USD.

 

Gasohol price on the way to 40 Baht.

Edited by KhunBENQ
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