The threat came a day after numerous stations across the country claimed to have run out of gasohol 91 and 95 after the government imposed three-month price cuts for both fuels on Tuesday.
“Following public complaints, the ministry is investigating these stations to ensure there are no attempts to hoard fuel,” said ministry spokesman Pongpol Yodmuangcharoen.
Service stations reduced the price of gasohol 91 by 2.5 baht per litre and gasohol 95 by 1 baht on Tuesday in line with the government’s three-month price cap to reduce people’s financial burden.
The Energy Ministry insisted the price caps should not affect fuel retailers’ profits as they are being funded by fuel-tax cuts and subsidy.
Several fuel retailers told Thansettakij news on Wednesday that they had stopped replenishing their stocks on November 1 and sold all their…
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