The Energy Minister unveiled plans to support the oil fund following diesel prices reaching 33 baht per liter, stressing that crude oil supplies remain abundant and ordering a mobilization of transport trucks to solve fuel shortages at gas stations.
On 17 March 2026, Attapol Rerkpiboon, the Minister of Energy, discussed the diesel price increase and efforts to address service disruptions at fuel stations. The 0.50 baht per liter rise will partially alleviate the oil fund’s burden by about 35 million baht daily, based on daily consumption of 70 million liters. The 33 baht price ceiling aligns with prior adjustments in ASEAN countries. No specific timeline has been set for maintaining this price cap, as the situation will be assessed daily.
Regarding public complaints about some stations limiting purchases to 500–1,000 baht per fill-up and shortages of E20 fuel at certain locations, Attapol clarified that crude oil supply is sufficient. The problem arises from delays in distributing fuel from depots to stations, failing to keep pace with sharply increased demand. He has ordered more frequent tanker deliveries to restore normal supply conditions at stations promptly.
Attapol also appealed to the public to save energy, noting that collective reduction in consumption benefits both the overall situation and personal finances. He explained that reducing diesel use by 10% effectively lowers the price by 3 baht, since 10% of 33 baht is 3 baht. Lower consumption means less spending and helps stretch existing fuel supplies. Additionally, the Energy Ministry is coordinating with the Commerce Ministry to boost ethanol production to meet demand for E10 and E20 fuels, ensuring sufficient fuel availability for all consumer segments.