Bangkok Post – Ministry to ‘transform’ oil prices

The state’s previous policy to fix the domestic prices of all types of oil will be brought back into use again to help people better avoid daily oil price fluctuations, according to Energy Minister Pirapan Salirathavibhaga’s recent interview with a television programme.

During his talk in Smart Energy, broadcast over the weekend, Mr Pirapan said the Energy Ministry is working on a plan to “transform” the oil price structure to better regulate the prices of diesel, gasoline and gasohol.

The government is spending money from the Oil Fuel Fund to subsidise oil…