Energy minister insists diesel price already frozen below market price amid protest

[snoop1130]

 

Energy Minister Supattanapong Punmeechaow said today that the government has already frozen the pump price of diesel at 30 baht per litre, without which the price would have increased to 35 baht/litre in accordance with the global increase in oil prices.

 

His remark was in response to repeated demands by the Land Transport Federation of Thailand (LTFT) that the retail diesel fuel price be capped at 25 baht/litre, to ease the financial burden on truck drivers.

 

Truckers associated with the LTFT staged a mobile protest today (Monday) by driving a convoy of trucks from the Bang Sue grand station to different locations in Bangkok. Another protest is also planned for tomorrow.

 

Full Story: https://www.thaipbsworld.com/energy-minister-insists-diesel-price-already-frozen-below-market-price-amid-protest/

 

-- © Copyright Thai PBS 2022-02-07

 

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[shady86]

Easy, just stop biofuels and excise taxes, all will be at 25B now. 

[digger70]

18 hours ago, shady86 said:

Easy, just stop biofuels and excise taxes, all will be at 25B now. 

They can but they Wont.

 

The cost to refine diesel is $. 49 per gallon.
Taxes: Many countries tax diesel and gasoline differently. For example in the USA the federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. In contrast, most European countries tax diesel more lightly than gasoline. Since taxes are one of the major components of the final consumer prices of fuels, tax policy determines to a great extent the cross-country differences in gasoline and diesel prices.

[MadMac]

False news.

[MadMac]

1 hour ago, digger70 said:

They can but they Wont.

 

The cost to refine diesel is $. 49 per gallon.
Taxes: Many countries tax diesel and gasoline differently. For example in the USA the federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. In contrast, most European countries tax diesel more lightly than gasoline. Since taxes are one of the major components of the final consumer prices of fuels, tax policy determines to a great extent the cross-country differences in gasoline and diesel prices.

Who cares how the US or Europe rip off their people?

[sherwood]

B7 today at Korat average 31,50 baht litre, that price just keeps on getting higher.

Go hard truck boys!!

Sure you can use that B10 rubbish but why would you.

[digger70]

3 hours ago, MadMac said:

Who cares how the US or Europe rip off their people?

You should ,

Because The thais follow suite and as we all live in Thailand we pay.

[billd766]

I filled my pickup on 3rd February here in rural Kamphaeng Phet at 31.15 baht per litre.

 

It is usually 1 baht per litre more expensive out in the sticks.

[robblok]

They should just only give the discount to trucks and not to privately owned pickups. I mean the idea is to subsidise transport for transport companies not for people owning pickups for normal travel.

 

If they do this they can make the truckers happy, though it might be hard to implement this as some truckers might resell their diesel to make some money. 

 

In my country they had diesel with a coloring agent (red diesel) for transport and farming vehicles so they would not have to make diesel cheap for everyone. Saved money and got the subsidy where it was intended. If you got caught with red diesel in a normal car a huge fine would be the result.

[MadMac]

On 2/8/2022 at 6:54 PM, digger70 said:

You should ,

Because The thais follow suite and as we all live in Thailand we pay.

LPG still costs 13B, Thailand does not charge ridiculous taxes on energy like "first world" countries.

[KhunBENQ]

22 minutes ago, MadMac said:

LPG still costs 13B, Thailand does not charge ridiculous taxes on energy like "first world" countries.

Get rid of those archaic Diesel trucks. That simple and a big contribution to air quality/health. Currently we suffer from the madness of carting huge loads of sugar cane with age old black fume trucks.

LPG is not for heavy trucks but many have converted to NGV.

[KhunBENQ]

On 2/8/2022 at 3:53 PM, sherwood said:

Sure you can use that B10 rubbish but why would you.

The news is that they will change to B5 from March(?) due to high biofuel prices.

Edited February 10, 2022 by KhunBENQ

[KhunBENQ]

Stop whining about Diesel, look at the prices for other fuels which pay the price for Diesel capping (8 Feb 2022).

It's not ages ago that E20 cost about 24 Baht.

 

The 29.94 is (as mentioned above) the starting price.

The farther away from the east-coast the higher the price (like +1.5).

 

B7, B10 and B20 on same level gives a clear message: stay away from B10 or B20 (if available at all).

Edited February 10, 2022 by KhunBENQ

[digger70]

1 hour ago, MadMac said:

LPG still costs 13B, Thailand does not charge ridiculous taxes on energy like "first world" countries.

Compared to the Income what Most Thai people have Energy charges are High just look at electricity and petrol/diesel that's what the people use the most.