
'Attawit' exposes again that 'The Hooded One' is the oil refinery hoarding and selling to wholesale groups. He praises the Prime Minister for taking the right path by using the 1973 Oil Shortage Emergency Decree, stressing that the oil fund is not meant to compensate refinery profits.
At 15:30 on 25 March 2026, during the first regular session of the House of Representatives, in urgent consideration of the energy crisis resolution, Attawit Suwanpakdee, party-list MP and deputy leader of the United Thai Nation Party (UTNP), said the real oil shortage crisis has not yet arrived but will occur about one month after Songkran. He compared it to sucking a straw—the wind hasn't reached yet. Current government checks show oil is still available in the country, but the problem is that gas stations have no supply to sell. The crisis has not come yet and must be managed carefully. There is no need to search for 'The Hooded One' elsewhere, because 'The Hooded One' is the oil refinery. People cannot store large amounts themselves; at best, they have 200-liter or 30-liter containers. How much can they store? The question should be asked of the six oil refineries and their networks: where has the oil gone?
When Pheerapun Salirathavibhaga, leader of the United Thai Nation Party and former energy minister in 2025, found that Thailand's normal oil refining capacity was one million barrels per day, with one barrel equal to 159 liters. Thus, in 2025, Thailand produced at least 159 million liters per day, sufficient and exceeding demand. So why do gas stations lack enough oil? Because the war began on 28 February 2026, and refined oil prices surged in early March, creating a two-tier price system: retail prices under 30 baht per liter at gas stations but wholesale prices as high as 50 baht per liter. Refineries naturally sell to wholesalers at higher prices for greater profits, causing retail gas stations to face shortages, especially franchise stations that lose quota first as refineries and oil depots divert supplies to wholesalers.
"When the government announces price support using the oil fund to compensate the difference and keeps changing prices, refineries hoard oil to sell later at higher prices. How to fix this? Currently, the Prime Minister is on the right track by using the 1973 Emergency Decree on oil shortage to ban exports, though this law has not yet been used to fix prices without compensation. The government should use this law to control refineries by declaring a single fixed price or have the Ministry of Commerce's central committee set the price. Tell refineries they are not like gold shops—where gold bought yesterday for 50,000 baht can be sold tomorrow for 80,000 baht. You cannot force them to sell at 50,000 baht because the state has no mechanism to support gold shop losses. But in the case of refineries, if you buy at 50,000 baht and prices rise to 80,000 baht, the state can force you to sell at 50,000 baht because the oil fund supports refinery losses."
Attawit emphasized that the government should reconsider using the 1973 Emergency Decree by setting a fixed oil price because refineries use last month's cost, which is based only on a hypothetical higher price. If the Prime Minister orders a single price, the two-price system will end. If refineries want compensation for losses, they should apply to the oil fund committee rather than receiving automatic compensation as currently done, since refineries know their costs and profits well.
"I underline 500 times that the oil fund is not meant to compensate refinery profits, and this is what the government must do. I believe you will succeed and I offer my support."