00:00Dry pumps, oil trucks are under the way.
00:03Thais are unable to refuel their cars as many gas stations have run out of supply.
00:09In other provinces, people are also unable to top up their engine oil due to shortages at gas stations.
00:16Drivers are queuing to refuel but some stations have announced that they are out of diesel.
00:22Fuel stations are also rationing fuel, limiting purchases to 1,000 baht for small vehicles and 2,000 baht for
00:29larger ones.
00:30Amid intensifying tensions in the Middle East, the government is struggling to supply fuel to the public, particularly outside Bangkok.
00:38Making the situation even more green, Thailand's government has announced it will raise the diesel price cap to 33 baht
00:46per litre from 29.94 baht effective 18th March.
00:51While initial hike will not exceed 1 baht per litre, it signals that Thailand's government can no longer contain diesel
01:00prices.
01:01According to the latest data, the oil fuel fund, which subsidizes high oil prices in Thailand, is under financial strain,
01:10reporting a deficit of over 12 billion baht.
01:13Under the current caretaker government, borrowing for the fund is capped at 40 billion baht.
01:20However, the price hike further drives up wholesale prices in the market.
01:25This is something we need to closely monitor as it directly affects the living cost.
01:32The impression that this basis usually changes should lookúe fast.
01:32That seems soיה Apple price putts now.
01:34It depends on your lovingBox.
01:34The reason is that this exercise will have access to safe..
Comments