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Pattaya Drivers Top Up On Cheap Gas, But May Pay Higher Price Later

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Pattaya drivers top up on cheap gas, but may pay higher price later

PATTAYA: -- The government’s move to cut oil-subsidy taxes is fueling a petrol party in Pattaya, with drivers racing to top off tanks and gas station owners ordering new shipments with baht signs in their eyes.

Attempting to fulfill a campaign pledge to reduce the nation’s cost of living, Prime Minister Yingluck Shinawatra reduced the Oil Fund levy on diesel fuel and octane-91 and octane-95 gasoline, immediately slicing the price for gas by as much as 8 baht per liter. With the government saying the move is just temporary, motorists sped to the nearest pump to stock up.

Full story HERE

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-- Pattaya Mail 2011-09-02 footer_n.gif

Arnold Judas Rimmer of Jupiter Mining Corporation Ship Red Dwarf

i filled with diesel on sunday night at petronas and it was 26.99 a litre

i refilled today and it was 27.54

its already on the way up

.55 baht a litre in 5 days.........

i liked it better when i knew it was going to be 29.99 every time

it only needs another major arab oil producer to have an unrest problem and diesel will be 40/50/60 baht a litre without the Oil Fund Buffer

and let's not forget most of these reds (many now politicians) couldn't make any money from rice picking, let alone run a countries finances............

filled today at Petronas

same filling station, even used the same pump

less than 2 weeks since oil fund was raped by the reds and fuel is now 27.96 a litre

it went down 3 baht and now its gone back up 1 baht

next week?

watch this space..........

filled today again at Petronas

same filling station, same pump

its now 3 weeks since the oil fund was raped by the reds and fuel is now 28.46 a litre

after the initial 3 baht reduction its risen steadily at .50 baht every week since

next week?

next month?

watch this space..........

For sure must be the rise of the oil price on the international markets since at the time of the cancelling of the levy the price was only about 87 $ a barrel while since then the price of oil has already risen to 87 $ a barrel.

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