Petrol prices may drop 1-4 baht | Bangkok Post: business

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Petrol prices may drop 1-4 baht

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Petrol prices could drop one to almost four baht a litre if the excise tax is brought in line with global fuel prices. 

Numerous social-media posts calculated that a cut in the excise tax will result in a per-litre decrease of 3.89 baht for benzene 95, 2.12 baht for gasohol 95 by, 1.86 baht for gasohol 91, and 1 baht for E20 gasohol. However the price of diesel will increase by 0.14 baht a litre.

The National Energy Policy Council meets today to consider the excise-tax issue.

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