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Thailand Diesel Crisis Spirals as Prices Surge, Fund Near Collapse

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5 hours ago, VocalNeal said:

This happens in a few countries but needs fuel segregation and bodies to police. Otherwise all pickups will be driving around on subsidized diesel.

I believe small farmers with walk behind "tractors" use "light" diesel which is mostly sold in village dispensers so not pickup fuel.

diesel is diesel, So your belief is incorrect, Its exactly the same fuel for "walk behind" tractors, "sit on" tractors , pickups, 40 ton articulated lorries, (obviously not those converted to gas) and all forms of construction plant,

and lets not forget the diesel powered boats and of course military equipment like Tanks

Pickups have been driving around on subsidised diesel for years have you not noticed that generally the price of diesel does not vary much ?

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3 minutes ago, Bday Prang said:

So your belief is incorrect Its the same fuel for "walk behind" tractors,

Well it was around in villages in 2020. But tempus fugit.

About 20 days ago the government said that we have 96 days of fuel in reserve. Which was paid for and delivered prior to the price increases.

Now that reserve oil is being sold at inflated prices, and is not being replaced with oil at the current higher price. So why has the price of the reserved oil been increased by 100% and who is profiting from this.

Remember back in 1997 when the Baht collapsed the supermarkets put all the prices up by 50%. When asked why they were doing this on existing stock the answer was "you have to pay more now as it will cost us more to replace our stock"

One thing for sure the price of most things are going to go up in price,

never to come down again , except for seasonal fruits and vegetables ,

I just hope the Government does not raise the VAT to 10 % ,as they

said they were going to do , all prices going up , but not the wages

the Government put that off ,as in these difficult times ,having to

pay more wages would hurt the employers , This was caused by Trump 🤡

regards worgeordie

1 hour ago, spidermike007 said:

I was speaking as a metaphor

I give zero <deleted> for your anti trump metaphors.

I live in Thailand and Thailand fuels prices are what I discuss (did you not read the thread title?).

The increase at the pump is not a tax.... pure and simple.

14 minutes ago, SmellyArmpit said:

About 20 days ago the government said that we have 96 days of fuel in reserve. Which was paid for and delivered prior to the price increases.

Now that reserve oil is being sold at inflated prices, and is not being replaced with oil at the current higher price. So why has the price of the reserved oil been increased by 100% and who is profiting from this.

Remember back in 1997 when the Baht collapsed the supermarkets put all the prices up by 50%. When asked why they were doing this on existing stock the answer was "you have to pay more now as it will cost us more to replace our stock"

No doubt the elites and many government officials are making a fortune on the hardships of the common man. But that is something that we often see during a crisis or emergency. It's simply mankind showing its ugly nature, and the willingness to do nearly anything to pocket a lot of extra cash. Very exploitive.

11 hours ago, Georgealbert said:

a deficit of nearly 50 billion baht and risks collapse within two months.

Yet another Government fiasco and mismanagement??

Reference -

The tragic Bangkok Building collapse, the bridge collapse onto a train, the Bangkok tunnel collapse, The Hat Yai flood disaster, extreme air pollution, the covid and cannabis fiascos etc.

1 minute ago, Burma Bill said:

Yet another Government fiasco and mismanagement??

how is it a govrnment fiasco...........

Did their crystal ball not tell them the cost of a barrel of oil would triple overnight (unprecedented) exposing their subsidy fund to vunerabilties ?

Diesel in EU ranges from 70 to 80 Baht, so what are the whingers raving about?

Investigate the refining companies to see if profiteering is going on... more than likely. How about applying a windfall tax on these unforeseen circumstances and use it to fund the subsidies?

We just read today also about millions of missing liters of fuel in Surat Thani... smells like manure to me and some dodgy dealings going on. Need to be careful as the price of fuel, especially diesel, is a sensitive issue here. Normal Thai people could easily and suddenly grab their pitchforks and start to freak out about it.

Also, a little tone deaf that that female government spokeswoman in a press conference today came out and said "High fuel prices are the new normal"... bad optics to that language considering when it was last used. Talk about pretty much saying "suck it up and deal with it"... blimey.

14 hours ago, Bday Prang said:

Pickups have been driving around on subsidised diesel for years have you not noticed that generally the price of diesel does not vary much ?

Well it most certainly is making up for it recently!

And still my Mrs and family plan a mass drive to Issarn for Songkran!

In my opinion, and it is just an opinion, BS, by design, the 2030 Agenda. You vill own own nosing unt you vill be happy. Sorry why do I get the feeling this all nonsence. Does Thailand have its own oil, as in the UK? And then it runs out so soon, really. It seems to me its just what the Dr ordered if you want to impliment the 15 miute cities. by 2030. Oh dear, off I go again. They had 100 miles of Saddam's oil field burning for once for 10 months before they could put them all out, then squeezed us for Global Warming, now Global Warming is on the back burner while 60 % of the Middle East oil fields burn. More oil is burnt than the whole world could use in a lifetime in a few days. What the duck happened to global warming, I ask. Yes, oil is an abiotic, the second most prolific liquid on earth after water. We never ever had a shortage. The oil fields of the USA that were emptied in the 1800s are now filling up again, not to mention every road well, most of which are tarred with Oil. Happy Easter to all . What a conspiracy!

As of 2023, Myanmar gas accounts for 14% of Thailand’s total gas supply or approximately 4.6 billion standard cubic feet per day. The remaining supply is divided between gas from the Gulf of Thailand (61%) and Liquefied Natural Gas (LNG) imported from abroad (25%). Myanmar gas is primarily used for electricity generation in power plants in Ratchaburi, while imported LNG is processed and stored in Map Ta Phut in Rayong and then used to generate electricity for eastern and central Thailand.

The gas supply market is closely linked to electricity production. Gas-based electricity accounts for 53% of Thailand’s total electricity production, with 33% from Gulf of Thailand gas, 12% from imported LNG, and 8% from Myanmar gas.

Securing Thailand's energy future - TDRI: Thailand Development Research Institute https://share.google/1uMWkEWUKGaTjEXVq

On 4/4/2026 at 9:43 AM, NedR69 said:

Hoarding and stockpiling. Not as big of shortages as they make it except by stockpiling.

I agree, I see pickups with 50gal drums in the back arguing with fuel attendant in an effort to get them to fill the drums up.

I have noticed that Solar Panel prices have risen some. The price increase might have nudged the people who were thinking about Solar into buying.

I think like most if you run the numbers in Thailand were electric is cheap the break even timeline is pushed way out.

The amount of hardship the TTT (Terrible Trump Tax) is causing for the common man around the world is indescribable. Truckers who can't carry their loads due to the cost of diesel fishermen who can't afford to take their boats out because of the cost of diesel the list goes on and on and on and this is going to trickle all the way down the chain and affect everybody.

And the big question that most of us are asking is for what? What was to be gained by all this?

Likely absolutely nothing.

images (67).jpeg

All this won't harm the lavish lifestyles of those in power. Political power that is.

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