Jai Dee Posted June 19, 2006 Share Posted June 19, 2006 World oil price hike will force gasoline prices in Thailand to rise above 30 baht per litre Caretaker Energy Minister Viset Chupiban (วิเศษ จูภิบาล) sees that gasoline prices can not stay below 30 baht per litre given the continuing rise in world oil prices. Mr. Viset said the Energy Ministry is promoting the use of alternative fuel, including NGV. Mr. Viset said not many vehicles have switched to NGV but the number should increase after the expansion of pumps that sell NGV in the next few months. He said PTT Plc. should draw 7 billion baht from its Fuel Fund to finance the installation of NGV system in cars itself as commercial banks are very strict in providing loans for that purpose Source: Thai National News Bureau Public Relations Department - 19 June 2006 Link to comment Share on other sites More sharing options...
Phil Conners Posted June 19, 2006 Share Posted June 19, 2006 Hm, I though the oil prices were starting to move back a little Link to comment Share on other sites More sharing options...
womble Posted June 19, 2006 Share Posted June 19, 2006 they are!!!!! Link to comment Share on other sites More sharing options...
tracker Posted June 19, 2006 Share Posted June 19, 2006 oil-prices are set by the bilderberg group. They just gathered recently... so i guess they decided (again) to put the oil-prices in the lift... My question is, how long before the economies of the world collapse to this madness. Link to comment Share on other sites More sharing options...
sriracha john Posted June 19, 2006 Share Posted June 19, 2006 Energy Minister insisted the retail fuel prices will not reach 30 baht per literThe Energy Minister, Mr. Viset Choopiban (วิเศษ จูภิบาล), insisted that the retail prices of fuel will not reach 30 baht per liter. Source: Thai National News Bureau Public Relations Department - 18 May 2006 World oil price hike will force gasoline prices in Thailand to rise above 30 baht per litre Caretaker Energy Minister Viset Chupiban (วิเศษ จูภิบาล) sees that gasoline prices can not stay below 30 baht per litre given the continuing rise in world oil prices. ahhh.... Reality stares Khun Viset coldly in the face and says, "hahahahahaha... what were you thinking?" Link to comment Share on other sites More sharing options...
tjo o tjim Posted June 19, 2006 Share Posted June 19, 2006 Hm, I though the oil prices were starting to move back a little While I don't have a chart comparing fuel prices to oil prices, for political reasons they capped fuel prices when oil was considerably lower today, subsidizing it for the interim hoping prices would go down. When oil was $25/barrel, gas was B20/Liter; oil has gone up 2.5x but gas only 1.5x. In the US, prices have gone up about 1.6x five years ago prices, but a much larger portion of the original gas price was taxes before and they haven't gone up comparably. Link to comment Share on other sites More sharing options...
cclub75 Posted June 19, 2006 Share Posted June 19, 2006 Is it the same "triste sire" that was very confident last april that the gasoline price would never go beyond 30 THB per liter ? Some call that a "reality check". Other "pre elections bullshit". Eventually, the result is the same. At 70 USD (the current level) the gasoline in Thailand should be already above 30 THB. They were thinking they could play with time... Unfortunatly, oil is still at high level of price. So now, it's "check bin" time. Make no mistake : now you now what will be the price this summer in Thailand when US will experience a few hurricanes... Welcome to the real world. Not the "thai elections fantasy pink world". Link to comment Share on other sites More sharing options...
Jai Dee Posted June 19, 2006 Author Share Posted June 19, 2006 Energy Minister is still considering on whether the ministry will float LPG prices Energy Minister Viset Choopiban (วิเศษ จูภิบาล) would like to consider the LPG price situation before deciding to float its prices. He said that the Ministry of Energy is still considering whether it will float the LPG prices. He said that the ministry has not begun to lessen the amount of compensation for the Oil Fund yet. The ministry is supporting the Oil Fund with a financial budget worth 500 million baht every month. He reasoned that the ministry still holds the implementation as it does not want to people to bear more financial burdens. Speaking about the situation of fuel prices, he said that the prices will stay high and fluctuant. He said the oil prices will not be raised this week as the conflicts in Iran are subsiding. Source: Thai National News Bureau Public Relations Department - 19 June 2006 Link to comment Share on other sites More sharing options...
sriracha john Posted June 19, 2006 Share Posted June 19, 2006 Is it the same "triste sire" that was very confident last april that the gasoline price would never go beyond 30 THB per liter ?Some call that a "reality check". Other "pre elections bullshit". Eventually, the result is the same. At 70 USD (the current level) the gasoline in Thailand should be already above 30 THB. They were thinking they could play with time... Unfortunatly, oil is still at high level of price. So now, it's "check bin" time. Make no mistake : now you now what will be the price this summer in Thailand when US will experience a few hurricanes... Welcome to the real world. Not the "thai elections fantasy pink world". As per post #5, the Energy Minister Khun Whatsit was saying the mantra, "It's impossible to reach 30 baht" as late as a mere 4 weeks ago... on the 18th of May... when it was ALREADY over 30... as per the other thread. *TRT proud to make Thailand the hub of lies* Link to comment Share on other sites More sharing options...
ovenman Posted June 19, 2006 Share Posted June 19, 2006 Energy Minister Viset Choopiban (วิเศษ จูภิบาล) would like to consider the LPG price situation before deciding to float its prices. Translation: We'd really like to know whether we can delay floating the LPG price until after the upcoming election... whenever that is. Link to comment Share on other sites More sharing options...
Rinrada Posted June 19, 2006 Share Posted June 19, 2006 If you use the basic minimum wage ratio in comparison to over "ere....and allow for 20bt hour/£5-00 (N.M.W) then the poor old Thai working man is paying our equiv.of £7-50 a litre for the stuff.. We are complaining because its costing us almost £1 a shot......but at £7-50......there would indeed be "Rumblings..." Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now