The recent resolution by the Cabinet to trim the prices of gasohol 91 and 95 by a single baht per litre has prompted queries from energy experts and firms, despite the public’s eager acceptance of this cost-of-living alteration.
This determination was reached following Bangchak Corporation, a crucial oil retailer, increasing the prices of the majority of gasohol types, an amalgamation of gasoline and ethanol, by 0.3 baht per litre at 5am today. The firm’s superior gasohol, branded as Hi Premium 97, increased by 0.6 baht per litre. The primary cause of these hikes can be attributed to the escalating crude oil prices on the global market.
Thammasat University’s economist, Praipol Koomsup, acknowledges the government’s intent to aid motorists in managing transport expenses. However, he suggests the focus should be on methods to subsidise the…
