Economy
Democrat Party Urges Government to Cut Fuel Excise Tax
The Democrat Party has called on the Thai government to reduce fuel excise taxes, arguing that pump prices remain high despite falling global oil costs.
According to a report by Thai Post on September 20, 2026, the Democrat Party has criticized the current administration for failing to lower domestic fuel prices in line with declining global oil market trends. The party claims that while global prices have dropped, local pump prices remain elevated because the Oil Fuel Fund Administration Committee (ONPA) has reduced subsidies.
The Democrat Party argues that merely lowering refinery prices is insufficient to provide relief to the public. They are demanding an immediate reduction in the fuel excise tax to lower costs for consumers. Furthermore, the party has questioned why the government has not utilized the over 50 billion baht available in the 'Thai Helping Thai Plus' fund to subsidize fuel prices for the entire nation.
For residents and travelers in Thailand, this situation highlights ongoing concerns regarding the cost of living and transportation expenses. While fuel prices remain a point of political contention, it is important to note that no official government decision to cut excise taxes has been announced at this time. Whether the government will respond to these demands or adjust its current subsidy strategy remains to be confirmed.