Fueling frustration: Thailand Energy Minister alarmed as petrol prices play a seesaw despite promised relief

Photo courtesy of KhaoSod

Peeraphan Salirathaviphak, Thailand’s Minister of Energy, raised concerns about the constant fluctuations in petrol prices, which have seen a continuous rise over the past two days, despite a recent government announcement of a 2 baht per litre reduction.

In a statement made at the Government House at 1pm this afternoon, Peeraphan argued that petrol prices should not fluctuate like stocks every minute and every day. He stressed the need for a new system to maintain stability in fuel prices sold to the public.

The energy minister suggested that the instability of fuel prices should be a matter for the government and business operators to resolve, not a burden for the public to bear. He is currently studying ways to address this issue.

“We need to figure out how to make the petrol prices that people buy from the pump stable, so they don’t have to bear…

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