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Started By
Message
Panic taking place in Thailand as gas prices hike up 22%. 10-20% of gas stations w/o gas
Posted on 3/26/26 at 11:57 pm
Posted on 3/26/26 at 11:57 pm
Loading Twitter/X Embed...
If tweet fails to load, click here. The post features a video of long queues at a Thai gas station where people fill jerry cans with fuel, amid a nationwide panic triggered by a 22% price hike after government subsidy cuts on March 26, 2026.
@StealthQE4, a macro-focused investor, predicts these fuel scarcity scenes will spread globally within weeks, likely alluding to escalating energy market tensions and subsidy strains in other nations.
Thailand's crisis stems from surging demand outpacing supply, with 10-20% of stations temporarily dry and authorities imposing price controls to prevent hoarding and ease living costs.
8
Posted on 3/27/26 at 12:04 am to MrLSU
I know nothing about Taiwanese politics or economy.
They can join the slave trade for all I gaf.
They can join the slave trade for all I gaf.
Posted on 3/27/26 at 12:20 am to Dirt Booger
quote:
This is Thailand btw
Posted on 3/27/26 at 12:21 am to Dirt Booger
So… the Thai government stopped discounting gas and it returned to the market price?
People are rushing to get it at the cheaper price while they can.
Not sure how this is a global problem when a government was manipulating its own market with subsidies.
People are rushing to get it at the cheaper price while they can.
Not sure how this is a global problem when a government was manipulating its own market with subsidies.
Posted on 3/27/26 at 12:29 am to Dirt Booger
quote:
I know nothing about Taiwanese politics or economy.
Or which country is the topic of the OP
JFC
Posted on 3/27/26 at 12:34 am to Powerman
Posted on 3/27/26 at 12:36 am to Powerman
quote:
Or which country is the topic of the OP
JFC
Being a powerbottom this crisis has to be hurting those vacation plans to see all those lady boys you had scheduled to meet.
This post was edited on 3/27/26 at 12:37 am
Posted on 3/27/26 at 12:50 am to MrLSU
This stupid war is making the global economy reel.
Posted on 3/27/26 at 12:52 am to Dirt Booger
quote:
Panic taking place in Thailand
quote:
I know nothing about Taiwanese politics or economy.
Posted on 3/27/26 at 6:02 am to bluestem75
Sounds like the exact opposite. Market price surged, so the government put price controls in place. And people are rushing to get it before the shortage exacerbates and there’s none left to get.
Posted on 3/27/26 at 6:40 am to bluestem75
quote:
So… the Thai government stopped discounting gas and it returned to the market price?
Aren't US oil prices are sorta subsidized or otherwise affected by our position in the global financial market (petrodollar, etc)? Most places in the world, including the first world, would take our bitching-level prices of today as a discount.
Posted on 3/27/26 at 8:16 am to MrLSU
yes that would concern me if i lived in thailand! i paid $3.29 per here in little rock at costco. i will say i enjoy pad thai as much as the next guy!
panic on bros!
panic on bros!
Posted on 3/27/26 at 8:17 am to bluestem75
quote:
So… the Thai government stopped discounting gas and it returned to the market price?
People are rushing to get it at the cheaper price while they can.
Not sure how this is a global problem when a government was manipulating its own market with subsidies.
I only have one upvote to give.
Posted on 3/27/26 at 8:27 am to MrLSU
Sounds like they should send troops to Iran...
Posted on 3/27/26 at 8:28 am to Dirt Booger
quote:
I know nothing about Taiwanese politics or economy.
You tai? You Taiwanese my brudder?
No, Thailand. I from Thailand
haha, cant believe I found this.
This post was edited on 3/27/26 at 10:08 am
Posted on 3/27/26 at 8:28 am to MrLSU
Jimmy Carter president there now?
Posted on 3/27/26 at 8:31 am to Narax
California gets a lot of gas from Asia to replace the refineries it shut down. Folks in Los Angelous may be scrambling soon
Posted on 3/27/26 at 9:27 am to MrLSU
quote:
a nationwide panic triggered by a 22% price hike after government subsidy cuts on March 26, 2026.
This seems like some that has no idea what they are talking about. Thailand government uses oil subsides to artificially keep their prices lower. Now that oil is significantly higher it is costing their government too much much money so they cut subsides.
In the US our prices here routinely fluctuate 20+%.
For instance if gas is $2.50 and goes up 22% that's $3.05. If it went down 22% that would be $1.95.
These are the new prices per gallon they are paying in Thailand (they buy it by the liter so I converted it)
High-speed diesel: $4.47 per gallon
B7 premium diesel: $6.28 per gallon
Gasohol 91 petrol: $4.69 per gallon (This is our 87 octane)
Gasohol 95: $4.73 per gallon (This is our 91 octane w/no additives)
Gasohol E20: $4.16 per gallon (20% ethanol)
Gasohol E85: $3.79 per gallon (85% ethanol)
Gasohol 95 premium: $5.98 per gallon (This is our 91 octane w/additives)
Gasoline 95: $5.72 per gallon (This is ethanol free fuel)
**Thailand uses RON for their octane rating so 91 are our 95 are our 87 regular and 91 premium.
This post was edited on 3/27/26 at 9:28 am
Posted on 3/27/26 at 9:45 am to MrLSU
Time to lift the ban on elephants in Bangkok.
Posted on 3/27/26 at 9:56 am to MrLSU
Good grief. You provided absolutely nothing to this OP. You link a tweet and then copy/paste AI slop about the video? Damn.
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