Lowering the gross refining margin is a top priority for the government.
How is the government addressing high petrol prices caused by the gross refining margin (GRM)?
After a meeting between Prime Minister Prayut Chan-o-cha and his economic team on Thursday, the Energy Ministry made a three-point announcement regarding the government’s handling of the skyrocketing energy price situation.
The meeting was called following a remark made by Korn Chatikavanij, a former finance minister and now leader of the Kla Party, that the GRM has surged 10-fold over the past two years.
According to Mr Korn, on June 10 this year the GRM rose to…
