Opposition Slams Government Over Oil Fund Debt and Refinery Profits

Discussion on how high fuel prices are affecting daily living costs and inflation for citizens.

Reporting on the Oil Fuel Fund's deficit exceeding 100 billion baht and its trajectory since the start of the war.

Korn Chatikawanich questions the legal authority used to incur debt beyond the original 20 billion baht limit.

Debate over the continued payment of subsidies for bio-fuels despite the expiration of the 7-year legal window.

Arguments that mixing expensive ethanol and vegetable oil into fuel is no longer economically viable.

Accusations that the Oil Fuel Fund serves the interests of ethanol and LPG producers rather than the public.

Details on the 40 billion baht spent to freeze LPG prices and the upcoming deadline on October 31, 2026.

Attawit Suwanpakdee argues against referencing Singaporean prices, claiming it inflates refinery profits.

Suggestion to use the 2000 Price Control Act to set maximum ceilings for diesel and gasoline.

Discussion on how the US Midterm elections and potential conflicts in Iran could impact global oil prices.