wazua Fri, Mar 20, 2026
Welcome Guest Search | Active Topics | Log In

31 Pages«<2526272829>»
Why I'm Still Paying 110/= Plus at the Pump
Options
Previous Topic · Next Topic
Boris Boyka
#261 Posted : Monday, February 15, 2016 8:34:40 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
I found it finally
Sitting Pretty Wrote:
Posted: Wednesday April 15, 2015 8:49:55 Am
Quote:

@Maichblack I understand your vile it can be frustrating. But let me shed some light atleast with figures and not stories.
Using an example of Super petrol for the month of march.
Note that I have excluded any decimals
FOB= USD592/Mt
Premium/freight/insurance=USD26/MT
Port charges/KMA/Shipping/Inspection(SGS)=USD18/MT
Total landed cost(Mombasa)=USD636/MT
Usd rate Ksh92.5
Approx Landed Cost=Ksh43 per liter
Taxes = Ksh31 (+/-0.5)
Tax paid cost= Ksh74 per liter
Kenya Pipeline=Ksh3.7 per liter
Transport to station( Truck)= Ksh0.7 per liter
Station cost= Ksh78 per liter

Note:
1. OMC (eg Total/Vivo) has not paid salaries,office rent, depot fees, finance costs and other admin costs.
2. Station operator(mostly franchised) needs to also pay its bills, maintenance etc.

Lets assume the admin costs for the station and OMC is Ksh3 per liter each.
Station cost= Ksh78 per liter
Admin Cost= Ksh6 per liter
Total cost at station= Ksh84 per liter

Well ideally that should be the price at the station??? Fortunately this are not Non profit orgs.

ERC price for Nairobi is Ksh89.35
Profit= 89.35-84
= Ksh5.35
Now that has to be shared between the OMC and the station operator.
And of course GOK at the end of the year.

Hope this helps.
Disclaimer: I do not work for ERC or any GOK institution.
I am only have a few KK stocks.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
Back to top
  |
Impunity
#262 Posted : Tuesday, February 16, 2016 2:25:35 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Boris Boyka wrote:
mlennyma wrote:
Impunity wrote:
Intelligentsia wrote:
Is it me or is it weird that guys celebrating such thievery by gava at a time when oil prices are lowest in the world and when motorists will have to pay toll charges in addition to the fuel levy they are paying.
we should not be paying more than 60/= for Super.

I think we should just scrap ERC.
Its such a useless body.


True.

stop crying a fish rots from the head,this people you accuse daily are very junior serving senior masters,do you think those who promised to bring the cost of living down for Kenyans don't see this?do they ever complain?

1. What are the prices in the region, continent and other parts of Non oil producing?
2. Someone do for us the mathematics of costs per Metric tonne from import to the pum. A wazuan did it Sometimes back is it @whiteowl?
3. Let's evalute the prices of others products (e.g cars,electronics, furniture e.t.c) from import to retail price and compare the % increased vs that on oil.
4. With data from above three I'll be better placed to give a fair opinion.


The last time I checked, the gaament was taking home KES. 32 per litter (or thereabout) in direct taxes for Super petrol..so even if the crude was to retail at 1 bob per barrel, the cost petrol in Kenya will never go below 32 bob!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
littledove
#263 Posted : Tuesday, February 16, 2016 4:42:46 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
http://www.bloomberg.com/news/articles/2016-02-16/saudi-arabia-and-russia-agree-oil-output-freeze-in-qatar-talks
While Novak has said he could consider cuts if other countries joined in, Russia faces significant obstacles to doing so. The freeze is conditional on other nation’s agreeing to participate, Russia’s Energy Ministry said in a statement.

are other oil producers likely to join saudi and russia?
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Back to top
WWW
  |
Impunity
#264 Posted : Thursday, April 14, 2016 6:06:32 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Super is Kes 94.52 in Mandera.
Sad

Rink

Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
ngapat
#265 Posted : Thursday, April 14, 2016 6:23:01 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Impunity wrote:
Super is Kes 94.52 in Mandera.
Sad

Rink


Cheapest petro station selling at 95. Others are 98 and 100 bob.
“Invest in yourself. Your career is the engine of your wealth.”
Back to top
  |
Sufficiently Philanga....thropic
#266 Posted : Thursday, April 14, 2016 8:29:53 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
I see inflation for this month coming down to 6.3%
But the cbr cannot be touched for fear of awakening the USD bullsSad . Small banks continue to be at the mercy of PN(the Governor).I also see the 91day T/Bill quietly broke the 9% handle upwards, at the last auction.
#SitTight
@SufficientlyP
Back to top
  | | Edit by user: Thursday, April 14, 2016 8:31 PM | Reason: Not specified
Swenani
#267 Posted : Tuesday, July 05, 2016 11:16:55 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
KES 6 extra maintenance rate to be effected by Friday next week bring the total cost of maintenance levy to KES 18 from 12

Will this be a yearly adjustment? Last year it was increased from 9 to 12

Inflation rate last month was at 5.4%
If Obiero did it, Who Am I?
Back to top
WWW
  | | Edit by user: Tuesday, July 05, 2016 11:20 AM | Reason: Not specified
MaichBlack
#268 Posted : Tuesday, July 05, 2016 12:46:10 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
Swenani wrote:
KES 6 extra maintenance rate to be effected by Friday next week bring the total cost of maintenance levy to KES 18 from 12

Will this be a yearly adjustment? Last year it was increased from 9 to 12

Inflation rate last month was at 5.4%

Has the country ever had a government that is more money hungry/taxes hungry than the current one???

Of course devil-ution is 45% to blame (As I was telling people before the referendum but a majority did not listen - the constitution had already been read for them!). Corruption 45% to blame. Lack of ideas & creativity, total disregard of the tax payer etc. 10%.

NB: Corruption has been (massively) devolved so devil-ution/counties are one huge pain in the behind!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Back to top
  |
Impunity
#269 Posted : Thursday, July 14, 2016 9:34:40 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
FILL UP ON GAS TODAY, BEFORE MIDNIGHT TONIGHT!
The gazette is out already, na sio ile kufunga nyama.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
mlennyma
#270 Posted : Thursday, July 14, 2016 2:16:00 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Impunity wrote:
FILL UP ON GAS TODAY, BEFORE MIDNIGHT TONIGHT!
The gazette is out already, na sio ile kufunga nyama.

Impunity continues.Sad
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
31 Pages«<2526272829>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.