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Why I'm Still Paying 110/= Plus at the Pump
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MaichBlack
#131 Posted : Saturday, March 14, 2015 1:34:46 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
Swenani wrote:
MaichBlack wrote:
mkeiy wrote:
Anxious Anxious Anxious

mlennyma wrote:
About turn

Wekeni link ama the prices here.

I have searched the interweb (I know a fellow who calls the Internet 'the interweb') and there is nothing. Labda nyinyi nakusa sikia kwa retio!!!


Petrol up by KSh4.75 to 89.46, Diesel up by 68cnts to Ksh76.20,Kerosene up by sh3.35 to sh55.75.

What are these characters smoking at ERC???? What happened to our two months delay?

Had we hit the bottom? Had the benefits of the lowest prices so far been passed to us? Did prices go up in December???
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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streetwise
#132 Posted : Saturday, March 14, 2015 1:56:25 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
So world price if crude have gown up. Is this what it means or the % ERC continues to get got so small that they had to do something
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mlennyma
#133 Posted : Saturday, March 14, 2015 4:35:08 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Nobody answers all this questions in a cartel country.
"Don't let the fear of losing be greater than the excitement of winning."
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MaichBlack
#134 Posted : Tuesday, March 17, 2015 8:50:49 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
MaichBlack wrote:
What are these characters smoking at ERC???? What happened to our two months delay?

Had we hit the bottom? Had the benefits of the lowest prices so far been passed to us? Did prices go up in December???

Link: Prizing Games by useless ERC!!!
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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  | | Edit by user: Tuesday, March 17, 2015 8:53 AM | Reason: Not specified
MaichBlack
#135 Posted : Tuesday, March 17, 2015 9:02:12 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
MaichBlack wrote:
McReggae wrote:
shocks wrote:
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


Hope when it starts going up prices will keep going down for at least two months!!!

Word!

That's the only way to prove they are not bullshitting us.

Two months straight with crude prices going up but pump prices in Kenya going down. waiting...

ION - ERC employees have started posting on this thread.

@McReggae - The clowns have failed an extremely simple exam.

They give us the two month time lag bullshit story when prices are falling and when prices go up in February they are promptly loaded on to March prices!!!

This bunch should be investigated!!! Some people must be eating some serious turkey! This is not chicken!
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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Cde Monomotapa
#136 Posted : Tuesday, March 17, 2015 9:34:34 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
This activist republic. This is how we'll really get shafted...by going back to self regulation

Cofek calls for end to
petroleum price fixing
every month www.businessdailyafrica..../-/13q8atfz/-/index.html

Hawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss...
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mlennyma
#137 Posted : Tuesday, March 17, 2015 9:50:18 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Cde Monomotapa wrote:
This activist republic. This is how we'll really get shafted...by going back to self regulation

Cofek calls for end to
petroleum price fixing
every month www.businessdailyafrica..../-/13q8atfz/-/index.html

Hawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss...

on the same note iam advocating for a free market, all our neighbors don't have controls and we are worse than some
"Don't let the fear of losing be greater than the excitement of winning."
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Cde Monomotapa
#138 Posted : Tuesday, March 17, 2015 9:57:35 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
mlennyma wrote:
Cde Monomotapa wrote:
This activist republic. This is how we'll really get shafted...by going back to self regulation

Cofek calls for end to
petroleum price fixing
every month www.businessdailyafrica..../-/13q8atfz/-/index.html

Hawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss...

on the same note iam advocating for a free market, all our neighbors don't have controls and we are worse than some


TZ do, fuel price has reduced. Rwanda fuel reduced. Not the same in UG. Everyone here, in the investor forum at least, should by now be knowledgeable about an oil and USD/KES chart and trends this year and apply some technocratic thinking...
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  | | Edit by user: Tuesday, March 17, 2015 9:59 AM | Reason: Not specified
Sober
#139 Posted : Tuesday, March 17, 2015 11:47:39 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
mlennyma wrote:
Cde Monomotapa wrote:
This activist republic. This is how we'll really get shafted...by going back to self regulation

Cofek calls for end to
petroleum price fixing
every month www.businessdailyafrica..../-/13q8atfz/-/index.html

Hawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss...

on the same note iam advocating for a free market, all our neighbors don't have controls and we are worse than some


The controls were put in place to protect from increasing prices of fuel, on the same note I was expecting the downward trend to be control free and follow market forces.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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MaichBlack
#140 Posted : Tuesday, March 17, 2015 6:11:18 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
Cde Monomotapa wrote:
This activist republic. This is how we'll really get shafted...by going back to self regulation

Cofek calls for end to
petroleum price fixing
every month www.businessdailyafrica..../-/13q8atfz/-/index.html

Hawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss...

Self regulation WILL NOT WORK!!! ERC sets the MAXIMUM price not MINIMUM. No one has stopped the companies from selling at a LOWER price. If they were angels as some people imagine, they could be selling the fuel at a much lower price than the set maximum.

What is needed is a transparent system such that anyone can create his own spreadsheet, and be simply keying in the different price components and announcing to themselves the price for the next month!
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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