MadMac Posted June 15, 2014 Share Posted June 15, 2014 I just realized today that Diesel prices have dropped by 14 Satang, now 30.60B per liter. Actually I was expecting the opposite, given the discussion of the junta with PTT and the consideration of further subsidy. That was still extended, but how come prices went down? How about petrol? Link to comment Share on other sites More sharing options...
Popular Post MESmith Posted June 15, 2014 Popular Post Share Posted June 15, 2014 14 satang. Time to fill up, or are the queues round the block? 5 Link to comment Share on other sites More sharing options...
MadMac Posted June 15, 2014 Author Share Posted June 15, 2014 Was really pissed off today that my Scoopy doesn't like Diesel 14 satang. Time to fill up, or are the queues round the block? Link to comment Share on other sites More sharing options...
skyaslimit Posted June 15, 2014 Share Posted June 15, 2014 Gasohol,Diesel, LPG and NGV is subsidized by the Government for ages, Benzine is the only fuel with the floating prices, although they keep approximately 10 bahts/lit on Benzine to accommodate other fuel prices. Link to comment Share on other sites More sharing options...
MadMac Posted June 15, 2014 Author Share Posted June 15, 2014 Yes, and they said they extend the subsidy, this is done on a monthly basis now AFAIK. But the question is, how can the price drop, when they even considered to stop subsidizing at all. Makes no sense. Link to comment Share on other sites More sharing options...
Thighlander Posted June 15, 2014 Share Posted June 15, 2014 Gas prices are up in the States...3.49 per gallon....more in California. We think the situation in Iraq is having an effect. Gasoline prices will jump, when crude prices go up, but are always slow to react to crude price drops. We're very close to a 52 week high on Brent.... http://www.bloomberg.com/quote/USO:US Price controls usually just mean larger increases, when they realize they can't aford the subsidies any more. Link to comment Share on other sites More sharing options...
Sandman77 Posted June 15, 2014 Share Posted June 15, 2014 What mean ngv never heard? Link to comment Share on other sites More sharing options...
MadMac Posted June 15, 2014 Author Share Posted June 15, 2014 (edited) Natural Gas Vehicle, means CNG driven. Edited June 15, 2014 by MadMac Link to comment Share on other sites More sharing options...
naboo Posted June 15, 2014 Share Posted June 15, 2014 The diesel price is currently subsidised by approximately 3 baht/litre to support farmers and haulage companies to maintain predictable costs for industry. The trouble is, a huge proportion of the diesel used is fuel for personal vehicles (my own included). It wouldn't be hard to set up a system whereby those vehicles used for industrial purposes were able to reclaim the subsidy. The trouble is, is there the desire to create a system for this whilst locking out the opportunity for corruption? Link to comment Share on other sites More sharing options...
taotoo Posted June 15, 2014 Share Posted June 15, 2014 The diesel price is currently subsidised by approximately 3 baht/litre to support farmers and haulage companies to maintain predictable costs for industry. The trouble is, a huge proportion of the diesel used is fuel for personal vehicles (my own included). It wouldn't be hard to set up a system whereby those vehicles used for industrial purposes were able to reclaim the subsidy. The trouble is, is there the desire to create a system for this whilst locking out the opportunity for corruption? Why aren't all commercial vehicles NPG or whatever? Surely all the miles they do would make it more economical. They could presumably build more NPG stations if necessary. Link to comment Share on other sites More sharing options...
MadMac Posted June 15, 2014 Author Share Posted June 15, 2014 Most are, look at the trucks with the white tanks behind the cabin. Or taxis. CNG has however two problems, it is under high pressure, thus the tanks are heavy and the range is about half compared to petrol or LPG. Also the time to fill up is much longer. Ever realized the taxi queues at CNG gas stations? Anyway, that was not the question here. Diesel prices went down, why? Haven't seen LPG moving, cooking gas price (same stuff) was to be increased. Link to comment Share on other sites More sharing options...
Thighlander Posted June 15, 2014 Share Posted June 15, 2014 The diesel price is currently subsidised by approximately 3 baht/litre to support farmers and haulage companies to maintain predictable costs for industry. The trouble is, a huge proportion of the diesel used is fuel for personal vehicles (my own included). It wouldn't be hard to set up a system whereby those vehicles used for industrial purposes were able to reclaim the subsidy. The trouble is, is there the desire to create a system for this whilst locking out the opportunity for corruption? Here is how the US/UK do it to allow farm vehicles to be exempt from gas taxes. http://en.wikipedia.org/wiki/Fuel_dyes Link to comment Share on other sites More sharing options...
WinnieTheKhwai Posted June 15, 2014 Share Posted June 15, 2014 (edited) The trouble is, a huge proportion of the diesel used is fuel for personal vehicles (my own included). It wouldn't be hard to set up a system whereby those vehicles used for industrial purposes were able to reclaim the subsidy. The trouble is, is there the desire to create a system for this whilst locking out the opportunity for corruption? Right; in other words, it would be exceptionally hard to set up such a system. Not to mention that they don't really want to anyway, as it's a perk for the people mostly driving trucks, whose hearts and minds they're trying to win. Edited June 15, 2014 by WinnieTheKhwai Link to comment Share on other sites More sharing options...
taotoo Posted June 15, 2014 Share Posted June 15, 2014 Most are, look at the trucks with the white tanks behind the cabin. Or taxis. CNG has however two problems, it is under high pressure, thus the tanks are heavy and the range is about half compared to petrol or LPG. Also the time to fill up is much longer. Ever realized the taxi queues at CNG gas stations? Anyway, that was not the question here. Diesel prices went down, why? Haven't seen LPG moving, cooking gas price (same stuff) was to be increased. That's not most though is it - most commercial vehicles are pickups. Not sure why range/time to fill up matters - labour's cheap. Link to comment Share on other sites More sharing options...
worgeordie Posted June 16, 2014 Share Posted June 16, 2014 When i first came here petrol was 7-8 bht a litre, some bottled water was more expensive!, Ah ! the good old days. regards Worgeordie Link to comment Share on other sites More sharing options...
khwaibah Posted June 16, 2014 Share Posted June 16, 2014 When i first came here petrol was 7-8 bht a litre, some bottled water was more expensive!, Ah ! the good old days. regards Worgeordie Ah yes..Remember when diesel topped out at 45 per liter. Link to comment Share on other sites More sharing options...
hml367 Posted June 16, 2014 Share Posted June 16, 2014 wg and kb, If you start intimating how long you or others have been here, you will alienate the majority of the experts. Link to comment Share on other sites More sharing options...
khwaibah Posted June 16, 2014 Share Posted June 16, 2014 wg and kb, If you start intimating how long you or others have been here, you will alienate the majority of the experts. By-By. 1 Link to comment Share on other sites More sharing options...
MadMac Posted June 16, 2014 Author Share Posted June 16, 2014 Found it, on 13 June: Cut in diesel price today The Energy Policy Administration Committee yesterday agreed to lower diesel retail price by 14 satang per litre, effective today.It also approved a cut in the contribution from diesel sales to the Oil Fund by 56 satang per litre, bringing the total contribution to 81 satang per litre. This will add Bt33.60 million per day to the fund. However, the fund still faces a deficit of Bt7.5 billion. http://www.nationmultimedia.com/business/news-feed-30236128.html Link to comment Share on other sites More sharing options...
khwaibah Posted June 16, 2014 Share Posted June 16, 2014 Diesel Bangkok. 29.85. http://www.eppo.go.th/retail_prices.html Link to comment Share on other sites More sharing options...
rebo Posted June 16, 2014 Share Posted June 16, 2014 When i first came here petrol was 7-8 bht a litre, some bottled water was more expensive!, Ah ! the good old days. regards Worgeordie Ah yes..Remember when diesel topped out at 45 per liter. The highest price I paid for Diesel in CNX ever (PTT station) was THB 42.89 on June 15th, 2008. This peak was only for a short period of time: From THB 38.35 three weeks earlier, and 3 weeks later already down again to THB 35.79. Enclosed my available statistics. Link to comment Share on other sites More sharing options...
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