Exactly!!!

Verdict: Oil companies cannot self regulate. They are happy with the high prices and have cartel like behaviour! Recipe for disaster (to the consumer of course).

its better when the oil companies become the cartels because they share the loot with shareholders, right now the gvt cartel eats alone

and kenyan oil price is rising

What a nice idea!!!

While at it, we could raise the cost of Healthcare to reduce congestion in hospitals, increase school fee to reduce congestion. Actually, the school fees for National Schools should be set at 150k per term to reduce the ugly competition for places and endless complains!!!

And luckily, Petrol, Diesel and Kerosene are not used for cooking, in manufacturing and transporting just about anything we use in our daily lives etc. Public transport vehicles also don't use fuel so Kenyans will be encouraged to use public transport!

And given that the so called Kenyans on Twitter are Industrialists, economists, Captains of industries etc. it would definitely be very wise to take their advice. If they were just idle Kenyans engaging Nigerians in "mchongowano", that would be a problem.

The pricing mechanisim used by the ERC is very transparent and fair I do not see anything sinister.

Furthermore the same parameters that were used to decrease the pump prices are the same that were used to increase the same.
The problem we have here is that both the media and world bank and many Kenyas alike are using the Brent Crude prices as a benchmark to evaluate the Kenyan pump prices. Wch is fundamentaly wrong!!
The ONLY benchmark or reference that should be applied is the PLATTS Market Scan for finished white oils which is published daily in the international markets.

Kenya stopped refining crude oil in 2012 and all our fuel needs are imported from the international markets.