Tulsi joins the party of Common Sense

[Rimmer]

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

-- Pattaya Mail 2011-09-02

[timekeeper]

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............

Edited September 2, 2011 by timekeeper

[timekeeper]

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..........

[timekeeper]

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..........

[janverbeem]

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.