Council of Consumer Organizations Calls Old-New Governments to Examine Domestic Oil Markets

Business

Bangkok, May 31 - Council of Consumer Organizations Statement. Oil market price soars Calling on the old and new government Check out the local oil market. Do not agree with the increase in diesel tax from the currently collected 1.34 baht per liter and the price of diesel fuel should be at no more than 30 baht per liter.

Mr. Itboon Anwongsa, deputy secretary-general of the Office of the Consumer Council of Thailand, said that the marketing value of finished oil in Thailand between January and May 29, 2023, the average marketing value of gasohol 95 for the first 5 months of 2023 was 3.29 baht per liter. The average diesel marketing margin for the first 5 months of 2023 is 1.79 baht per liter, with gasoline consumption of 30 million liters per day. Diesel consumption is 70 million liters per day. There are expenses that oil users have to pay for unfair marketing fees for a total of 5 months, with the gasoline group having to pay 193 million baht, the diesel group 100 million baht, which the price of Thai oil as of May 29, 2023, gasoline has a liter price. 35.45 baht per liter, which is considered more expensive than neighboring countries like Myanmar at 34.11 baht per liter of gasoline, Indonesia at 32.55 baht per liter, Vietnam at 31.57 baht per liter, Malaysia at 15.36 baht per liter, Brunei at 13.58 baht per liter. 31 per liter.

Ms. Rosana Tositrakul, Sub-Committee on Public Services, Energy and Environment, Consumer Council of Thailand, said that Thailand's oil price structure In the past, PTT had a market share of 40%, Bangchak 10%, and Bangchak's market share would increase to 20% after the merger with Esso. the old government Therefore would like to ask the new government to come in to make fairness in the oil market price to the people because the tax reduction of diesel fuel per liter of 5 baht will expire on July 20, 2023, which will cause the price of diesel fuel to rise to 36.94 baht. According to the current information, there is an opinion that The price of diesel fuel should not exceed 30 baht per liter because diesel fuel affects people. affect cost of living which if the old government and the new government cannot do it, it is considered to take advantage of the people

Ms. Boonyuen Siritham, President of the Consumer Council Have read the Consumer Council's demand statement to the old and new governments. That 1. The appropriate marketing fee criteria announced by the government sector The government must impose it as a compulsory measure. 2. Let the government inspect and disclose to the public the cost of operation and the cost of fuel price that the refinery sells to the oil trader who has the highest fuel market share in the country, the top two companies in the PTT group. T. and Bangchak whether it is higher than the reference price of the Energy Policy and Planning Office (EPPO) as claimed by the oil trader or not, and Is it really causing free and fair competition for the small oil business?

In addition, if the Ministry of Finance will not renew the excise tax reduction measure on diesel fuel by 5 baht per liter, which will end on July 20, the Consumer Council is of the opinion that 1. Do not agree with the increase in diesel tax from the currently collected 1.34 baht per liter. 2. The government should reduce the retail price of diesel fuel back to no more than 30 baht per liter, which would be more appropriate than collecting more fuel taxes for the following reasons: 1. The government should take into account that diesel fuel is the main fuel of the transportation sector while the country's rail transportation system is not fully developed. If the tax is too high, the country's competitiveness will be reduced. 2. Domestic diesel fuel is diesel mixed with biodiesel. Taxation and collecting money to the oil fund at present, totaling almost 7 baht per liter at present Makes Thailand's diesel price at 32 baht per liter, which is a higher price. Malaysia, Vietnam and Cambodia that import fuel from Thailand.-Thai News Agency

Source: Thai News Agency