Peerapun, former Energy Minister, says the demand to cut fuel prices by 10 baht per liter is achievable if there is courage to act. He suggests the government overhaul the entire pricing system used for over 30 years, prioritizing the people's benefit.
On 10 Nov 2026 GMT+7, Peerapun Saleerutwipak, leader of the Ruam Thai Sang Chart Party and former Deputy Prime Minister and Energy Minister, commented on the calls from truck operators and the People's Revolution Alliance to lower fuel prices. He said this movement reflects public hardship from energy costs, and he believes the demand to reduce fuel prices by 10 baht per liter is possible if the government seriously decides to reform the oil price structure.
"Based on the data I have gathered, if we follow my proposed approach—ending the reference to Singapore oil prices, identifying the true cost of purchasing and refining oil, and revising the oil price components and oil fund—I can say that fuel prices can be reduced by more than 10 baht per liter."
Peerapun added that fuel price problems cannot be solved by temporary price cuts alone but require restructuring that has been in place for over 30 years. This includes ending the system of referencing Singapore refined oil prices, revising tax and oil fund structures, and amending laws regulating the oil business and national oil reserves. This will enable the government to manage fuel prices properly without needing cooperation from operators every time issues arise.
Peerapun emphasized that the government has the power to push changes in price structures and relevant laws. The key is the courage to decide, with the priority being the people's benefit and reducing their living costs.
"Can it be done? Yes, if there is courage. Today is the day we must put the people's interests first," Peerapun said.