Truck Operators Want Diesel Price Capped at Bt30/Liter

[webfact]

 

BANGKOK (TNA) – Representatives of the Land Transport Federation of Thailand will show up at Government House on April 27 to ask the government to continuously cap the diesel price at 30 baht per liter as the government plans to stop the price limitation on. May 1.

 

Apichart Prairungruang, chairman of the federation, said its representatives would send the written request to the prime minister because without the longer limited diesel price, people would suffer from higher prices. The prices of goods were already high and if the government stopped capping the diesel price at 30 baht per liter, truck operators would raise their freight charges by 20% right away, he said.

 

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He demanded the replacement of the energy minister and said there were solutions for the government to cut the diesel price by 5-6 baht per liter.

 

Full story: https://tna.mcot.net/english-news-930930

 

-- © Copyright Thai News Agency 2022-04-27

 

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[ThaIrish Sean]

So do I!!!

In the UK at the moment is 78 - 84 baht a litre for diesel.

It's killing my chauffeur business.

[Chassa]

Diesel was 31 Baht/Litre when Yingluck was boss, how many years ago?

[hotchilli]

5 hours ago, webfact said:

Representatives of the Land Transport Federation of Thailand will show up at Government House on April 27 to ask the government to continuously cap the diesel price at 30 baht per liter as the government plans to stop the price limitation on. May 1.

Here we go again.

[itsari]

The Thai Government is borrowing money to cap the present price . 

My guess is they will continue to cap the price to avoid an even higher inflation rate with a election around the corner .

[RichardColeman]

6 hours ago, webfact said:

truck operators would raise their freight charges by 20% right away,

I'd call that operating profiteering. Fuel may go up, but none of your other operating overheads should rise so dramatically 

[mtls2005]

The regime barely averted a disaster in February - trucks were queued up to blockade Bangkok, by caving, instead of negotiating, and guaranteeing the 30 THB/l price for a limited period.

 

But the truckers now know they have the regime boxed in, so what choice does the "government" have? Cough up ten or twenty billion baht for fuel subsidies.

 

Without trucks the whole economy would be severely and negatively affected. And millions would suffer.

 

 

 

 

 

 

 

 

 

Edited April 27, 2022 by mtls2005

[prakhonchai nick]

Cap diesel price at a reasonable amount for bona fide trucks carrying goods but charge those privately owning diesel fuelled vehicles (millions of people) the correct daily price, just as those with petrol vehicles pay the full price

[mtls2005]

3 minutes ago, prakhonchai nick said:

but charge those privately owning diesel fuelled vehicles (millions of people) the correct daily price

 

Like any blanket policy statement, issued by amateurs or seasoned policy geeks, there are major flaws in your proposal.

 

Hundreds of thousands of small trucks are the lifeblood of the thai economy. By immediately increasing the fuel price by what, 50%, the economy will break, and people will go hungry.

 

Try again.

 

 

[Will B Good]

38 minutes ago, RichardColeman said:

I'd call that operating profiteering. Fuel may go up, but none of your other operating overheads should rise so dramatically 

Agree....this is now rampant, particularly in the UK......oh it's due to inflation!!!.....yes, some of it is......but a lot is simply price gouging whilst the opportunity presents itself.

[Isaan sailor]

Isaan has one of the world’s highest per capita small pickup truck ownership rates. And almost all of them run on diesel..  if they stick price increases on the big trucks—the little guys get hurt.  And that would include me, with my Ranger—used for farm and beach trips.

[Eric Loh]

The yearly expenditure on defense in Thailand is approximately 7.5 B US dollar. Each year since Prayut stage the coup and formed the government, military budget has risen. The Oil Fund subsidy for diesel to maintain the retail price at 30 Baht per liter from Jan-April average 7.5 B Baht each month. Really a paltry amount compare to the wasteful spending by the military. Highly unlikely that the military government will reduce defense budget to help the common people. A civilian government will be more sympathetic. 

[mtls2005]

23 minutes ago, Eric Loh said:

The Oil Fund subsidy for diesel to maintain the retail price at 30 Baht per liter from Jan-April average 7.5 B Baht each month. Really a paltry amount

Agreed, but a subsidy is just one minor part of an overall energy plan. Without changes, subsidies are more dirt thrown into a bottomless pit.

 

"thai Planning"

 

Shortest book ever written? Actually it's a one-panel comic.

 

 

 

 

[Eric Loh]

12 minutes ago, mtls2005 said:

Agreed, but a subsidy is just one minor part of an overall energy plan. Without changes, subsidies are more dirt thrown into a bottomless pit.

 

"thai Planning"

 

Shortest book ever written? Actually it's a one-panel comic.

 

 

 

 

Personally I dislike subsidy as it distort real market price. However in case of Thailand, I make this an exception due to the fact that the military government is exploiting their position to increase defense expenditures every year at the expense of the people. It's on them to lessen the hardship of the people. Previous Yingluck's government reduced the defense budget in contrast. 

[CrunchWrapSupreme]

6 hours ago, Isaan sailor said:

Isaan has one of the world’s highest per capita small pickup truck ownership rates. And almost all of them run on diesel

Another busy day at the talad.

[jacko45k]

Just filled up the truck at 30.91 per liter, Still 7% VAT on it. 

[kimamey]

On 4/27/2022 at 9:55 AM, Isaan sailor said:

Isaan has one of the world’s highest per capita small pickup truck ownership rates. And almost all of them run on diesel..  if they stick price increases on the big trucks—the little guys get hurt.  And that would include me, with my Ranger—used for farm and beach trips.

I don't know if it's still the case but a few years back Thailand was the second largest market for pickup trucks after the US. Given the difference in population and the Thai population isn't that big it's some achievement.

There provably wouldn't be so many of the ban on people riding in the back was enforced although the country might collapse if that happened. 

[kimamey]

On 4/27/2022 at 8:45 AM, RichardColeman said:

I'd call that operating profiteering. Fuel may go up, but none of your other operating overheads should rise so dramatically 

I can see the problem but surely they should charge more barred on how much whatever fuel they use costs. 20% seems a bit high since as you say fuel isn't their only cost. 

[Photoguy21]

On 4/27/2022 at 3:29 AM, ThaIrish Sean said:

So do I!!!

In the UK at the moment is 78 - 84 baht a litre for diesel.

It's killing my chauffeur business.

That is a ridiculous price. Diesel is the lowest quality product a refinery makes