Tuesday, August 5, 2008

Diesel price goes down

Good news for anyone who drives a truck like me. The price of diesel dropped again and is back to where it was a month ago I think. It's still far too high but if the cost of oil has done nothing else good, it has taken vehicles off the road. Diesel is still far higher than the price of petrol, (gas in the US and benzene here in Thailand).

When I first bought the truck, a Nissan Frontier, diesel was still subsidized here and cost about 2 baht a litre less than petrol. Now it's about 10 Baht more;-( I use the B5 diesel from PTT which has a 5% ethanol composition which takes a Baht off the cost. What I can't do with this engine is easily convert to LPG. The two gas fuels here, LPG and CNG are the cheapest way to drive. One answer to this is trade the diesel engine for a used Japanese V6 block and then do the gas conversion. Maybe next year.

1 comment:

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