Why I'm Still Paying 110/= Plus at the Pump - Page 10 - Economy - Wazua

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Why I'm Still Paying 110/= Plus at the Pump

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whiteowl		#91 Posted : Friday, January 09, 2015 2:04:29 PM
Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove		MaichBlack wrote: sparkly wrote: Swenani wrote: sparkly wrote: Crude at $47pb. At this rate I will buy myself some barrels and refine for my own consumption. I will join you! Karibu. There is a wazuan who was explaining how to distil changaa, ako wapi... refining petroleum is the same process. We can refine together kila mtu abebe drum zake tatu akajiwekee!!! Breaking Bad: Oil Cartel
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butterflyke		#92 Posted : Friday, January 09, 2015 10:37:57 PM
Rank: Elder Joined: 5/1/2010 Posts: 3,024 Location: Hapa		whiteowl wrote: MaichBlack wrote: sparkly wrote: Swenani wrote: sparkly wrote: Crude at $47pb. At this rate I will buy myself some barrels and refine for my own consumption. I will join you! Karibu. There is a wazuan who was explaining how to distil changaa, ako wapi... refining petroleum is the same process. We can refine together kila mtu abebe drum zake tatu akajiwekee!!! Breaking Bad: Oil Cartel Float like a butterfly, sting like a bee. - Muhammad Ali🐝
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kiash		#93 Posted : Saturday, January 10, 2015 12:51:22 PM
Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani		By the way how much is petrol na Diesel retailing huko nyumbani? I guess people are still being scr d mchana big time
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kiash		#94 Posted : Saturday, January 10, 2015 12:58:18 PM
Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani		sparkly wrote: Crude at $47pb. At this rate I will buy myself some barrels and refine for my own consumption. You will consume it alone. I saw it in Kenya people trust the big companies kina Shell ,Total whose prices are high and ignore the small unknown companies whose prices are low.You find a 4 or 5 sh difference in price per litre ,an empty cheap petrol station and a full expensive station. Isnt there anyone who can petition the ERC ? alienda wapi Omtata ama Boniface Mwangi ama their protests are only political !
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sparkly		#95 Posted : Saturday, January 10, 2015 2:20:57 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		kiash wrote: sparkly wrote: Crude at $47pb. At this rate I will buy myself some barrels and refine for my own consumption. You will consume it alone. I saw it in Kenya people trust the big companies kina Shell ,Total whose prices are high and ignore the small unknown companies whose prices are low.You find a 4 or 5 sh difference in price per litre ,an empty cheap petrol station and a full expensive station. Isnt there anyone who can petition the ERC ? alienda wapi Omtata ama Boniface Mwangi ama their protests are only political ! @Kiash we will send you money by mpesa. Buy the barrels for us and we will keep some litres for your yet to be imported German machine. Life is short. Live passionately.
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iris		#96 Posted : Saturday, January 10, 2015 6:27:26 PM
Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi		kiash wrote: sparkly wrote: Crude at $47pb. At this rate I will buy myself some barrels and refine for my own consumption. You will consume it alone. I saw it in Kenya people trust the big companies kina Shell ,Total whose prices are high and ignore the small unknown companies whose prices are low.You find a 4 or 5 sh difference in price per litre ,an empty cheap petrol station and a full expensive station. Isnt there anyone who can petition the ERC ? alienda wapi Omtata ama Boniface Mwangi ama their protests are only political ! One reason we do that is because we don't know who to trust: many small companies (and a some "known" names) contaminate petrol and diesel with kerosene. http://www.businessdailyafrica.com/Special-kits-to-help-motorists-check-for-fuel-contamination/-/539546/2335250/-/16kjhiz/-/index.html Tuna Shida..
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VituVingiSana		#97 Posted : Sunday, January 11, 2015 1:41:55 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,376 Location: Nairobi		african coloner wrote: tandich wrote: Assuming petrol cost KES 100 before crude dropped. KES 60 (60%) is the cost of crude. If crude drops by 50%, the shilling depreciates 20% (90/75 KES in USD) and a further change and a further 20% for other cost increases I may not have accounted for. The cost of crude in the KES 100 litre should now be KES 43 and the fuel with taxt should cost me KES 83. 40 * 50% * 120% * 120% = 43.2 43.2 + 40 = 83.2 when the crude price goes up. pump prices will go up next day. This is the work of proper opposition to question the government otherwise someone somewhere is makinng a kill I had no idea. So do they change pump prices daily in Kenya? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#98 Posted : Sunday, January 11, 2015 1:45:31 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,376 Location: Nairobi		Swenani wrote: In US, a gallon is currently retailing at US$ 2.81 which translates to an average of Kshs.54 per litre! Petrol in Congo is cheaper than in Kenya yet they import through Kenya!!!!! The USA is cheaper than many, many countries thanks to their efficiencies e.g. better roads, USA based refineries, pipelines, competition and most of all low(er) taxes. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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VituVingiSana		#99 Posted : Sunday, January 11, 2015 1:47:38 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,376 Location: Nairobi		Swenani wrote: In US, a gallon is currently retailing at US$ 2.81 which translates to an average of Kshs.54 per litre! Petrol in Congo is cheaper than in Kenya yet they import through Kenya!!!!! Taxes. I don't think there are taxes on fuel in Congo. No-one to collect them! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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murchr		#100 Posted : Sunday, January 11, 2015 3:22:25 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		VituVingiSana wrote: Swenani wrote: In US, a gallon is currently retailing at US$ 2.81 which translates to an average of Kshs.54 per litre! Petrol in Congo is cheaper than in Kenya yet they import through Kenya!!!!! The USA is cheaper than many, many countries thanks to their efficiencies e.g. better roads, USA based refineries, pipelines, competition and most of all low(er) taxes. Add the strong dollar vs weak shilling into the mix "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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