Prompong urges an overhaul of the entire energy pricing formula, questioning why Thai oil prices don’t decrease in line with global markets. He stresses that the 2570 Budget Committee should review public spending based not only on documents but also on real-life impacts to help reduce citizens’ living costs. Tags: [energy pricing, oil prices, government spending, cost of living, budget oversight]
On 4 July 2026, Prompong Nopparit, former spokesperson of the Pheu Thai Party, addressed the current cost of living situation. He noted that although global oil prices are trending downward, people still question why fuel, transportation, and daily goods prices haven’t dropped. Thailand has a comprehensive energy management system, and it is time for the government and relevant agencies to review the entire energy pricing structure. He proposed three urgent agendas for the greatest benefit of the public.Tags: [cost of living, oil prices, energy management, government policy, Thailand]
1. Overhaul the entire energy pricing formula with proactive measures so that when global energy prices fall, Thai people can benefit appropriately and promptly, all within legal and fiscal discipline frameworks.Tags: [energy pricing reform, fiscal policy, legal framework, public benefit]
2. Transparent data disclosure: simplify the complex energy price data structure to make it easy to understand and communicate continuously to the public for transparency.Tags: [data transparency, energy prices, public communication]
3. Link budget allocation to people’s livelihoods: As the draft 2570 annual budget bill passes its first reading and is under special committee consideration, it is a crucial opportunity for all parties to review budget policies to prioritize reducing citizens’ living costs. A good budget must address real-life needs, not just be numbers on paper.Tags: [budget allocation, cost of living, government policy, public welfare]
Prompong said good politics is not about competing in speech but about competing to reduce citizens’ living costs. The best budget is not the one fully spent but the one that concretely lowers people’s cost of living.Tags: [politics, cost reduction, budget effectiveness, public welfare]
“Public confidence doesn’t come from longer explanations but from making people truly feel their lives improve. Citizens do not expect the government and opposition to defeat each other but expect all sides to work together to overcome the cost of living issues. Ultimately, the performance of politicians is judged not by debates or political rhetoric but by the quality of life and well-being of the people.”Tags: [public confidence, political cooperation, cost of living, quality of life]