Excise tax on diesel cut by five baht/litre for two months amid high prices

[snoop1130]

 

The Thai cabinet decided to slash excise tax on diesel by 5 baht/litre for two months today (Tuesday), effective from May 21, to help ease the financial burden on consumers.

 

The government previously cut excise tax on diesel by 3 baht/litre, a measure which is due to expire on May 20.

 

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Diesel prices at the pumps are currently capped at 32 baht/litre, an increase of two baht since the end of last month. Decisions are being made on a weekly basis whether to increase the price gradually by 1 baht/litre until the price reaches the ceiling of 35 baht/litre, after which the Energy Ministry will consider what to do next, taking into consideration global oil prices.

 

Full Story: https://www.thaipbsworld.com/excise-tax-on-diesel-cut-by-five-baht-litre-for-two-months-amid-high-prices/

 

-- © Copyright Thai PBS 2022-05-17

 

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[Mr Meeseeks]

They're Donald ducked, adopting a suck it and see policy. 

[ThailandRyan]

Just walked by Caltex, diesel at 31.99, while the 95 I use was at 50.25....how screwed up is that.

[worgeordie]

Will not change the price of anything in the shops or markets.....only the price

of diesel. time to fill up on the 21 st , 

regards worgeordie

[FriendlyFarang]

1 hour ago, ThailandRyan said:

Just walked by Caltex, diesel at 31.99, while the 95 I use was at 50.25....how screwed up is that.

I guess you looked at premium fuel, regular 95 is at 41 or 42

[Isaan sailor]

Crazy pricing—costs less to drive Ranger (diesel) than our 95-guzzling Mazda3…. Ranger is now our economy car…

Edited May 17, 2022 by Isaan sailor

[jacko45k]

10 hours ago, ThailandRyan said:

Just walked by Caltex, diesel at 31.99, while the 95 I use was at 50.25....how screwed up is that.

At this rate it will cost more to fill my scooter than my truck!

[vandeventer]

10 hours ago, ThailandRyan said:

Just walked by Caltex, diesel at 31.99, while the 95 I use was at 50.25....how screwed up is that.

My old car only runs on 95 benzine. Time for a upgrade? Maybe I should buy a no sound electric car? But  my electric bill has gone up again. Diesel looks like the way to go but they are not cheap. I think I will hurry and just get a push bike before they run out.

Edited May 17, 2022 by vandeventer

[sammieuk1]

Sure Thai's will have a cunning plan to save on fuel like drive faster at red lights ????

[hotchilli]

11 hours ago, ThailandRyan said:

Just walked by Caltex, diesel at 31.99, while the 95 I use was at 50.25....how screwed up is that.

Rob Peter to pay Paul.... you know how it works.

[ThailandRyan]

7 minutes ago, hotchilli said:

Rob Peter to pay Paul.... you know how it works.

It was funny, as we approached the station I thought I saw 35.99 for Diesel, and 47.5 for 95+, then all of a sudden the price board flashed 3 times and BAM the prices changed, This was right at 7pm......what a switcharoo.....

[hotchilli]

11 minutes ago, ThailandRyan said:

It was funny, as we approached the station I thought I saw 35.99 for Diesel, and 47.5 for 95+, then all of a sudden the price board flashed 3 times and BAM the prices changed, This was right at 7pm......what a switcharoo.....

Night vision CCTV, it detected a foreigner coming?

[RafPinto]

2 hours ago, Isaan sailor said:

Crazy pricing—costs less to drive Ranger (diesel) than our 95-guzzling Mazda3…. Ranger is now our economy car…

Came back from Pattaya and average consumption was 7.2l 

[RafPinto]

55 minutes ago, ThailandRyan said:

It was funny, as we approached the station I thought I saw 35.99 for Diesel, and 47.5 for 95+, then all of a sudden the price board flashed 3 times and BAM the prices changed, This was right at 7pm......what a switcharoo.....

They saw you coming.

[RafPinto]

I filled up at Shell in Pattaya.

31,99 baht.
At least, I got 2 free energy drinks ????

 

Sometimes you get a 1,5 l bottle of water. Next time, I mix it with my diesel.

[mtls2005]

So it's 27 baht/liter?

 

Then what in two months?

 

IS there a plan?

 

from the linked article...

 

He disclosed that the oil subsidies have, so far, cost taxpayers about 70 billion baht, including the latest excise cut for diesel fuel.

 

He also said that the Fuel Fund, which was used to subsidise oil prices, is in the red and the government has had to secure a loan to fund the oil subsidy scheme.

 

The latest excise tax cut for diesel will cost the state about 20 billion baht in revenue losses.

[ThailandRyan]

4 minutes ago, RafPinto said:

I filled up at Shell in Pattaya.

31,99 baht.
At least, I got 2 free energy drinks ????

 

Sometimes you get a 1,5 l bottle of water. Next time, I mix it with my diesel.

Yes, I received the same free energy drinks, 1 per every 1k Thb spent, wonder what those with very large tanks spend.  I spent 2250 to fill up the MG's Tank here in BKK before we headed south yesterday.

[RafPinto]

17 minutes ago, ThailandRyan said:

Yes, I received the same free energy drinks, 1 per every 1k Thb spent, wonder what those with very large tanks spend.  I spent 2250 to fill up the MG's Tank here in BKK before we headed south yesterday.

Where are you going?

Phuket again?

[ThailandRyan]

18 minutes ago, RafPinto said:

Where are you going?

Phuket again?

Down in Rayong

[Grusa]

No diesel in that picture...........