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Why I'm Still Paying 110/= Plus at the Pump
Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Rahatupu wrote:kyt wrote:ERC are just shit Shafting left right and centre. BTW does anyone understand why they don't regulate LPG? They haven't come up with a proper shafting formula yet. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Veteran Joined: 9/7/2010 Posts: 1,063 Location: Kenya
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The media should be pushing this agenda...@swenani...send those calculations to the media houses. The market economy analysts we have are fake... They waot for figures from ERC and give them on to the public without breaking them dot against the backdrop of global oil price trends...
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Atalaku wrote:The media should be pushing this agenda...@swenani...send those calculations to the media houses. The market economy analysts we have are fake... They waot for figures from ERC and give them on to the public without breaking them dot against the backdrop of global oil price trends... We are just being shafted... possunt quia posse videntur
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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maka wrote:Atalaku wrote:The media should be pushing this agenda...@swenani...send those calculations to the media houses. The market economy analysts we have are fake... They waot for figures from ERC and give them on to the public without breaking them dot against the backdrop of global oil price trends... We are just being shafted... Been looking for this thread everywhere. @Swenani, thanks for that month on month comparative of Kenya pump prices vs average world crude prices. Someone needs to share that with ERC and our dozing media houses (or journos). Diesel should this month drop by Sh 15 per litre, petrol by Sh 10 at a minimum and LPG by 30% of current price. PS. I am basing my guess on nothing other than simple logic "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Elder Joined: 5/1/2010 Posts: 3,024 Location: Hapa
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C&P:The Kenya Roads Board (KRB) has renewed its push to have the Treasury double the petroleum levy, a wish that if granted could see the cost of fuel rise steeply despite the ongoing fall in global oil prices. The agency wants the levy, which is charged at Sh9 per litre of petrol or diesel, raised to Sh18 reviving a demand that the Treasury declined to include in this year’s Budget. “Discussions with the Treasury to increase the levy are ongoing,” KRB executive director Jacob Ruwa said on Wednesday during a forum to discuss the Medium-Term Expenditure Framework (MTEF) in Nairobi. He said KRB had sought the Treasury’s approval in the past one-and-a-half years and was expecting a positive response this financial year. KRB argues that the current rate, set in 2006, is no longer feasible given the rise in cost of construction materials, labour and transport as well as increase in the length of roads that now require maintenance. RINKFloat like a butterfly, sting like a bee. - Muhammad Ali🐝
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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The Kenya Roads Board instead of asking for more money should be very strict on contractors who do a shoddy job. Why should a road be constructed today only for it to start crumbling after less than 2 years.That is where the leak is and not asking for more money. Uhuru Highway was recarpeted more than 6 years ago from JKIA to UN in Gigiri.despite all the trailers that pass through it with some being overloaded the road is still intact. That should be the solution. Bwana Rotich if you are reading this don't grant Kenya roads board their request. It will also make life expensive as petrol prices cut across all sectors yet the government is looking at ways of lowering the cost of doing business. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/1/2010 Posts: 3,024 Location: Hapa
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Ericsson wrote:The Kenya Roads Board instead of asking for more money should be very strict on contractors who do a shoddy job.
Why should a road be constructed today only for it to start crumbling after less than 2 years.That is where the leak is and not asking for more money.
Uhuru Highway was recarpeted more than 6 years ago from JKIA to UN in Gigiri.despite all the trailers that pass through it with some being overloaded the road is still intact.
That should be the solution.
Bwana Rotich if you are reading this don't grant Kenya roads board their request.
It will also make life expensive as petrol prices cut across all sectors yet the government is looking at ways of lowering the cost of doing business. Agreed. I hope Treasury says no again. Float like a butterfly, sting like a bee. - Muhammad Ali🐝
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Rank: New-farer Joined: 12/11/2014 Posts: 16
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I beg to differ from the popular opinion. Its not ERC fault that we import refined fuel, and not crude. ERC has saved Kenyans more than we can comprehend. It takes time to enjoy the falling price. By mid December, the prices will fall again, same for mid Jan 2015.
Bottom line, Kenya needs to invest in modern ways of refining crude oil.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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knight260 wrote:I beg to differ from the popular opinion. Its not ERC fault that we import refined fuel, and not crude. ERC has saved Kenyans more than we can comprehend. It takes time to enjoy the falling price. By mid December, the prices will fall again, same for mid Jan 2015.
Bottom line, Kenya needs to invest in modern ways of refining crude oil. What's the lead time? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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ERC says 55 days Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Ericsson wrote:ERC says 55 days Thank you The opposite of courage is not cowardice, it's conformity.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Price per barrel drops to below US $ 60 for the first time in 5 years If Obiero did it, Who Am I?
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Rank: New-farer Joined: 8/15/2010 Posts: 99 Location: nairobi
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Ericsson wrote:The Kenya Roads Board instead of asking for more money should be very strict on contractors who do a shoddy job.
Why should a road be constructed today only for it to start crumbling after less than 2 years.That is where the leak is and not asking for more money.
Uhuru Highway was recarpeted more than 6 years ago from JKIA to UN in Gigiri.despite all the trailers that pass through it with some being overloaded the road is still intact.
That should be the solution.
Bwana Rotich if you are reading this don't grant Kenya roads board their request.
It will also make life expensive as petrol prices cut across all sectors yet the government is looking at ways of lowering the cost of doing business. I agree. Look at Nairobi Naivasha road. Always being patched up yr in yr out by shoddy contractors and there's always a KENHA new dcab pickup 'supervising'. If they cannot manage the money they have, why give them more? I worked in a bank once and KRB was one of the biggest fixed deposit holders there. Instead ya kujenga roads they were putting cash kwa fixed deposit accounts. Puh! These people!
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Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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Price has dropped to 2009 level. work to prosper
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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If the Chinese will give us better and durable roads than our local contractors then let them get all the contracts to do our roads. There is no need of being patriotic na tunaumia ile mbaya. The road from lanet to eveready in nakuru was done 6 years ago by the Chinese(Shengli) and is still intact Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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By how many cents or shillings is the price of petrol being reviewed. There is already a shortage of fuel in Nairobi with petrol stations reporting no fuel at the pumps Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Ericsson wrote:By how many cents or shillings is the price of petrol being reviewed.
There is already a shortage of fuel in Nairobi with petrol stations reporting no fuel at the pumps Petrol,diesel and kerosene reduced by Kshs 4.79,3.67 and 4.94 respectively A mere 4 % reduction yet the crude oil prices in Oct dropped by an average of 12% If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Kerosene price per litre reduces by Sh4.94, Super Petrol by 4.79, Diesel 3.67 for next month Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 7/22/2009 Posts: 7,452
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Ericsson wrote:Kerosene price per litre reduces by Sh4.94, Super Petrol by 4.79, Diesel 3.67 for next month Petrol still above 100/=??? These fellows are totally shameless!!! No words! And why do they price in bloody inefficies? They should have given ultimatums and time lines. The cost of xyz should be reduced to Kshs. m by date q. And lobby, highlight, report etc. If they could simply keep repeating "If inefficiency xyz was sorted out, we could reduce the cost of fuel price by a further 10/= per litre..." and mention the guilty party believe you me, it would have been sorted by now! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Swenani wrote:Ericsson wrote:By how many cents or shillings is the price of petrol being reviewed.
There is already a shortage of fuel in Nairobi with petrol stations reporting no fuel at the pumps Petrol,diesel and kerosene reduced by Kshs 4.79,3.67 and 4.94 respectively A mere 4 % reduction yet the crude oil prices in Oct dropped by an average of 12% How are the taxes on these fuels? The opposite of courage is not cowardice, it's conformity.
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Why I'm Still Paying 110/= Plus at the Pump
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