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Why I'm Still Paying 110/= Plus at the Pump
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whiteowl
#111 Posted : Wednesday, January 14, 2015 5:35:54 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Saudi production cost is only $2/barrel so even if oil dropped to $10 they would still be making 500% returns. This price war can go down to the wire and the Saudis will be the last men standing.
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shocks
#112 Posted : Wednesday, January 14, 2015 5:41:53 PM
Rank: Member

Joined: 3/15/2009
Posts: 362
MaichBlack wrote:
Swenani wrote:
Impunity wrote:
Applause Applause Applause Applause Applause

Quote:
Petrol reduces by Sh9.13 per litre to retail at Sh92.88. Diesel drops by Sh7.50 to 83.35 and Kerosene drops by Sh5.78 to Sh65.59.






Based on the above figures by ERC, We get a refined equivalent barrel of oil at mombasa at the price of US $ 85.Does this mean that refining and transportation of oilto mombasa costs US$ 30+?

P.s a barrel has 158 litres

Of course we are still being screwed but it is less of being screwed as compared to last month. Lesser evil.

I want my petrol at Kshs. 75/= though!!!


our last month prices are Tanzania's this month prices then aren't you comparing prices of crude and petrol directly, a barrel of crude once processed doesn't give a barrel of petrol
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Chanaleze
#113 Posted : Wednesday, January 14, 2015 11:51:33 PM
Rank: Member

Joined: 7/25/2008
Posts: 80
Location: Nairobi, kenya, eagles plain estate
New proposed pump prices
Super Diesel
Mombasa 89.57 80.06
Nairobi 92.88 83.35
Embu 94.10 84.57
Nyeri 94.43 84.91
Mtito. A 95.53 86.00
Nakuru 93.61 84.26
Molo 93.76 84.42
Naivasha 93.96 84.61
Bomet 95.53 86.16
Eldoret 94.75 88.42
Kisumu 94.82 85.48
Kisii 95.77 86.42
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harrydre
#114 Posted : Thursday, January 15, 2015 12:07:26 AM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
still high. crude has fallen over half!
i.am.back!!!!
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majimaji
#115 Posted : Thursday, January 15, 2015 8:16:51 AM
Rank: Veteran

Joined: 4/4/2007
Posts: 1,162

how long will the prices last?
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bird_man
#116 Posted : Thursday, January 15, 2015 8:18:12 AM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
harrydre wrote:
still high. crude has fallen over half!

ERC tries to give an explanation on Page 27 of the DN.
Basically:
International crude down by 57% but super petrol down by 20%. Reasons:
(1)Taxes & levies
(2)Distribution costs
(3)Supplier margins

On the above, add the fact that imports are $ based & its imported already refined.
Formally employed people often live their employers' dream & forget about their own.
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shocks
#117 Posted : Thursday, January 15, 2015 8:23:56 AM
Rank: Member

Joined: 3/15/2009
Posts: 362
bird_man wrote:
harrydre wrote:
still high. crude has fallen over half!

ERC tries to give an explanation on Page 27 of the DN.
Basically:
International crude down by 57% but super petrol down by 20%. Reasons:
(1)Taxes & levies
(2)Distribution costs
(3)Supplier margins

On the above, add the fact that imports are $ based & its imported already refined.


plus the time lag aspect, this batch was bought using november prices
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Swenani
#118 Posted : Thursday, January 15, 2015 8:28:22 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
shocks wrote:
MaichBlack wrote:
Swenani wrote:
Impunity wrote:
Applause Applause Applause Applause Applause

Quote:
Petrol reduces by Sh9.13 per litre to retail at Sh92.88. Diesel drops by Sh7.50 to 83.35 and Kerosene drops by Sh5.78 to Sh65.59.






Based on the above figures by ERC, We get a refined equivalent barrel of oil at mombasa at the price of US $ 85.Does this mean that refining and transportation of oilto mombasa costs US$ 30+?

P.s a barrel has 158 litres

Of course we are still being screwed but it is less of being screwed as compared to last month. Lesser evil.

I want my petrol at Kshs. 75/= though!!!


our last month prices are Tanzania's this month prices then aren't you comparing prices of crude and petrol directly, a barrel of crude once processed doesn't give a barrel of petrol

If Obiero did it, Who Am I?
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knight260
#119 Posted : Thursday, January 15, 2015 9:13:04 AM
Rank: New-farer

Joined: 12/11/2014
Posts: 16
Simple, to enjoy lower prices, GOK must invest in modern technology of refining. Otherwise, ERC is doing a good job.
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subzero
#120 Posted : Thursday, January 15, 2015 9:49:40 AM
Rank: Member

Joined: 1/10/2008
Posts: 365
why do people like LOUD unverified remarks ?
like KE is currently has most expensive fuel in EAC!!?

okay.. below are the FACTS
KE - KES 92.88
TZ - TZS 1955 (approx KES 102.264)
UG - UGX 3650 (approx KES 115.118)


Links

http://marker.to/sPvGWI

http://marker.to/L5LAhs
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  | | Edit by user: Thursday, January 15, 2015 9:53 AM | Reason: Not specified
31 Pages«<1011121314>»
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