Gonzo the Face Posted May 7, 2014 Share Posted May 7, 2014 Seems like cooking gas prices are going out of sight. For the same size big tank [48kg I think] November 2013 1010 Baht January 2014 1055 Baht February 2014 1080 Baht March 2014 1105 Baht Today May 2014 1160 Baht Unless my math is way off , that is a 150 increase in approx. 6 months or annualized to about 30% per increase Link to comment Share on other sites More sharing options...
masuk Posted May 7, 2014 Share Posted May 7, 2014 Who will spoil Gonzo's fun and tell him it's 15%. 150/1000 Link to comment Share on other sites More sharing options...
Chiengmaijoe Posted May 7, 2014 Share Posted May 7, 2014 Who will spoil Gonzo's fun and tell him it's 15%. 150/1000 Not the guys with a 15% discount card. 1 Link to comment Share on other sites More sharing options...
Popular Post Gonzo the Face Posted May 7, 2014 Author Popular Post Share Posted May 7, 2014 15% for 6 months.....annualized = 30% 8 Link to comment Share on other sites More sharing options...
Chiengmaijoe Posted May 7, 2014 Share Posted May 7, 2014 Where's my glasses, I thought it said analised! Link to comment Share on other sites More sharing options...
Deke Posted May 7, 2014 Share Posted May 7, 2014 The subsidy for LPG is gradually being removed. Link to comment Share on other sites More sharing options...
dvg Posted May 7, 2014 Share Posted May 7, 2014 The normal size tank I used to pay 290 baht,last week 380 baht(same size) 1 Link to comment Share on other sites More sharing options...
Popular Post fatdrunkandstupid Posted May 7, 2014 Popular Post Share Posted May 7, 2014 Welcome to a bankrupt country with no consumer price protection whatsoever. 7 Link to comment Share on other sites More sharing options...
Popular Post Ulysses G. Posted May 7, 2014 Popular Post Share Posted May 7, 2014 Welcome to a bankrupt country The country that I come from is bankrupt too. I'm starting to get used to it. 12 Link to comment Share on other sites More sharing options...
Sparkles Posted May 7, 2014 Share Posted May 7, 2014 How else can they pay the rice farmers and tablets for the kiddies...fuel ,alcohol........up, up and away ! Link to comment Share on other sites More sharing options...
MESmith Posted May 7, 2014 Share Posted May 7, 2014 The normal size tank I used to pay 290 baht,last week 380 baht(same size) It's been over 300bt for more than a year or so. But yes, it used to be under 300 bt. Link to comment Share on other sites More sharing options...
worgeordie Posted May 7, 2014 Share Posted May 7, 2014 The Government had to put the price of LPG up as it was loosing a great deal of money through subsidies,and will go up every month till next year,if i am correct.So you can expect the price of most goods to rise as well,inflation is really going to kick in,plus cannot see interest rates improving either. regards Worgeordie Link to comment Share on other sites More sharing options...
slapout Posted May 7, 2014 Share Posted May 7, 2014 When the price was 970 about a year ago the government tax rats caught several lpg stations selling cooking gas to auto at a higher price. Several millions of baht skimmed off tax monies.. They seem to be trying to get the price reversed and its probaly going to go the other way. That way the same old skam can continue. I do enjoy the way they use different retail measurements for lpg, kilo or liter, this is just to keep everyone except the suppliers confused. They work with tons or cubic feet in bulk gas purchases. You have to get up early to catch them at their various little games to get money out of the consumers to finance their lavish life styles. Link to comment Share on other sites More sharing options...
telldem Posted May 7, 2014 Share Posted May 7, 2014 The Government had to put the price of LPG up as it was loosing a great deal of money through subsidies,and will go up every month till next year,if i am correct.So you can expect the price of most goods to rise as well,inflation is really going to kick in,plus cannot see interest rates improving either. regards Worgeordie Good! Maybe the USD will go back up to 40BHT. Link to comment Share on other sites More sharing options...
kokesaat Posted May 7, 2014 Share Posted May 7, 2014 Cooking gas was 170 a tank in 1997....along with diesel at 8 baht a liter. That's the down side of price controls.....sooner or later, the government is going to allow the price to rise...as it should. I knew diesel at 30 baht a liter was slightly more expensive here than in the US......and I thought lpg tanks were the same. But while on vacation in Texas last year, I had to get refill our daughter's bbq tanks.......15 pounds at $19. If my elementary math skills serve me correctly, that's more than double the price here....15kg at less than 400 Baht. Some day the price controls will be lifted on my 500g box of kellog's corn flakes.....been 94 baht for 4 years.....maybe I should stock up now! Link to comment Share on other sites More sharing options...
quidnunc Posted May 7, 2014 Share Posted May 7, 2014 (edited) Welcome to a bankrupt country The country that I come from is bankrupt too. I'm starting to get used to it. You must be either Ukrainian or a Fox News fan. Edited May 7, 2014 by quidnunc 2 Link to comment Share on other sites More sharing options...
quidnunc Posted May 7, 2014 Share Posted May 7, 2014 The Government had to put the price of LPG up as it was loosing a great deal of money through subsidies,and will go up every month till next year,if i am correct.So you can expect the price of most goods to rise as well,inflation is really going to kick in,plus cannot see interest rates improving either. regards Worgeordie What percentage of a product's cost is due to LPG? Not much. Link to comment Share on other sites More sharing options...
Gonzo the Face Posted May 7, 2014 Author Share Posted May 7, 2014 The Government had to put the price of LPG up as it was loosing a great deal of money through subsidies,and will go up every month till next year,if i am correct.So you can expect the price of most goods to rise as well,inflation is really going to kick in,plus cannot see interest rates improving either. regards Worgeordie What percentage of a product's cost is due to LPG? Not much. Not very many end products are made up on just one component Breakfast as example LP Gas Bread Eggs Meat Coffee Juice Butter and on and on........ add the all up and check out the increases and you soon find that you may be selling it below your cost..... Not to mention rent Electric Salaries Taxes and on and on Link to comment Share on other sites More sharing options...
JesseFrank Posted May 7, 2014 Share Posted May 7, 2014 Welcome to a bankrupt country The country that I come from is bankrupt too. I'm starting to get used to it. Bad news seems to follow you. Please keep a distance. 1 Link to comment Share on other sites More sharing options...
Popular Post Ulysses G. Posted May 7, 2014 Popular Post Share Posted May 7, 2014 Welcome to a bankrupt country The country that I come from is bankrupt too. I'm starting to get used to it. You must be either Ukrainian or a Fox News fan. Thailand is not actually bankrupt either. You must be one of those low information voters. 4 Link to comment Share on other sites More sharing options...
quidnunc Posted May 7, 2014 Share Posted May 7, 2014 Welcome to a bankrupt country The country that I come from is bankrupt too. I'm starting to get used to it. You must be either Ukrainian or a Fox News fan. Thailand is not actually bankrupt either. You must be one of those low information voters. Never said it was. Link to comment Share on other sites More sharing options...
ignis Posted May 8, 2014 Share Posted May 8, 2014 Cooking gas was 170 a tank in 1997....along with diesel at 8 baht a liter. That's the down side of price controls.....sooner or later, the government is going to allow the price to rise...as it should. I knew diesel at 30 baht a liter was slightly more expensive here than in the US......and I thought lpg tanks were the same. But while on vacation in Texas last year, I had to get refill our daughter's bbq tanks.......15 pounds at $19. If my elementary math skills serve me correctly, that's more than double the price here....15kg at less than 400 Baht. Some day the price controls will be lifted on my 500g box of kellog's corn flakes.....been 94 baht for 4 years.....maybe I should stock up now! Some day the price controls will be lifted on my 500g box of kellog's corn flakes.....been 94 baht for 4 years.....maybe I should stock up now! as with many things the price stays the same but the size goes down noticed this on a lot of items.. I buy the large Kellogg's Corn Flakes still 279 baht but sure it was 1.8 KG ? now this week the pack is 1.7 KG.. !! Shower cream still the same price but not 500 ml but 480 ml Link to comment Share on other sites More sharing options...
spidermike007 Posted May 8, 2014 Share Posted May 8, 2014 Welcome to a bankrupt country with no consumer price protection whatsoever. I come from the US. So, I am accustomed to living in a bankrupt nation. Only difference is the total per capita debt here is a lot lower. The US is number three in the world, very conservatively estimated at $58,604 per person. And the general government gross debt, as a percentage of GDP is 107.3%. In Thailand it is $2,977 per person, for the total outstanding debt. And the general govt. gross debt, as a percentage of GDP is only 48.3%, leaving it as the 38th highest nation in the world. These figures are based on Bloomberg, 2014 numbers. So, get your facts straight, before making statements like this one. You are right about the consumer price protections, with the exception of LPG, and Natural gas, which have been subsidized up until recently. I hear those subsidies are being relaxed. Link to comment Share on other sites More sharing options...
quidnunc Posted May 8, 2014 Share Posted May 8, 2014 Welcome to a bankrupt country with no consumer price protection whatsoever. I come from the US. So, I am accustomed to living in a bankrupt nation. Only difference is the total per capita debt here is a lot lower. The US is number three in the world, very conservatively estimated at $58,604 per person. And the general government gross debt, as a percentage of GDP is 107.3%. In Thailand it is $2,977 per person, for the total outstanding debt. And the general govt. gross debt, as a percentage of GDP is only 48.3%, leaving it as the 38th highest nation in the world. These figures are based on Bloomberg, 2014 numbers. So, get your facts straight, before making statements like this one. You are right about the consumer price protections, with the exception of LPG, and Natural gas, which have been subsidized up until recently. I hear those subsidies are being relaxed. Nothing of what you've cited here establishes that the USA is bankrupt. Nothing. Link to comment Share on other sites More sharing options...
NoshowJones Posted May 8, 2014 Share Posted May 8, 2014 The subsidy for LPG is gradually being removed. I have heard that for the last couple of years. I bought a car with LPG conversion about four years ago, it has gone up about 3 Baht per ltr in that time. Anyway, I don't think the taxi drivers will be too happy if what you say is true. Link to comment Share on other sites More sharing options...
PattayaPhom Posted May 8, 2014 Share Posted May 8, 2014 The Government had to put the price of LPG up as it was loosing a great deal of money through subsidies,and will go up every month till next year,if i am correct.So you can expect the price of most goods to rise as well,inflation is really going to kick in,plus cannot see interest rates improving either. regards Worgeordie What percentage of a product's cost is due to LPG? Not much. As the majority of any product in Thailand is transported by road using LPG trucks of course the price will increase. Link to comment Share on other sites More sharing options...
quidnunc Posted May 8, 2014 Share Posted May 8, 2014 The Government had to put the price of LPG up as it was loosing a great deal of money through subsidies,and will go up every month till next year,if i am correct.So you can expect the price of most goods to rise as well,inflation is really going to kick in,plus cannot see interest rates improving either. regards Worgeordie What percentage of a product's cost is due to LPG? Not much. As the majority of any product in Thailand is transported by road using LPG trucks of course the price will increase. To determine how much the cost will increase we first have to establish a ratio of the value of the LPG burned to the value of the cargo. That's going to be a very small percentage. Then what fraction of the cost of the LPG is due to the increase in price. In other words we are talking about a small fraction of a small fraction. Neglible, really. Link to comment Share on other sites More sharing options...
daveAustin Posted May 8, 2014 Share Posted May 8, 2014 Blame the government. Exponential cost increases across the board, though Mama noodles and other tat is almost same same For everything but property, eating out and fuel (just), it is comparable to, or more expensive than, some Western nations. Figure in lack of quality, choice, service and welfare, not to mention bombs, quakes and civil wars, and it's a bit of a bum deal now. It was good in the 90s but has had its day. Time to head home, folks. Me first! 1 Link to comment Share on other sites More sharing options...
Gonsalviz Posted May 8, 2014 Share Posted May 8, 2014 Welcome to a bankrupt country The country that I come from is bankrupt too. I'm starting to get used to it. You must be either Ukrainian or a Fox News fan. Fox news has nothing to do with the country being bankrupt, the politicians do. Link to comment Share on other sites More sharing options...
Gonsalviz Posted May 8, 2014 Share Posted May 8, 2014 Welcome to a bankrupt country with no consumer price protection whatsoever. I come from the US. So, I am accustomed to living in a bankrupt nation. Only difference is the total per capita debt here is a lot lower. The US is number three in the world, very conservatively estimated at $58,604 per person. And the general government gross debt, as a percentage of GDP is 107.3%. In Thailand it is $2,977 per person, for the total outstanding debt. And the general govt. gross debt, as a percentage of GDP is only 48.3%, leaving it as the 38th highest nation in the world. These figures are based on Bloomberg, 2014 numbers. So, get your facts straight, before making statements like this one. You are right about the consumer price protections, with the exception of LPG, and Natural gas, which have been subsidized up until recently. I hear those subsidies are being relaxed. Nothing of what you've cited here establishes that the USA is bankrupt. Nothing. It owes more money than it can ever payback. Kind of like being a functional alcoholic. Link to comment Share on other sites More sharing options...
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