Wazua
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Why I believe ERC is part of the cartel
Rank: Elder Joined: 12/17/2009 Posts: 3,583 Location: Kenya
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It all goes back to the government, if they really want the prices to drop they can; first of all by closing that refinery at the coast - and let marketers import refined products from whichever competitive source they get from.
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Rank: Member Joined: 3/26/2012 Posts: 280
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2012 wrote:Bachuma Gate wrote:You should have given as the price of crude prices also So, do you believe that while the shilling went down by 27bob to the $ crude went up by the same margin? My thinking is that to determine whether the prices should have go up or down we needed to know the prices of the crude prevailing at those 2 points. DOH
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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The price should have been reduced by minimum ksh.10 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Wazua
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Why I believe ERC is part of the cartel
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