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Bei ya ngata @120.55
Rank: Elder Joined: 9/12/2006 Posts: 1,554
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bwenyenye wrote:hisah wrote:[quote=youcan'tstopusnow]Fuel shortages coming right our way http://www.businessdaily.../-/nb2p03z/-/index.html[/quote] Now you see what I meant... @Cde wants oil @$60, but oil iko na wenyewe 
@youcant - dont expect fuel prices to come down anytime soon with serikali mama na baba biz. Jipange instead for it's only you that is responsible for yourself. The Business Daily article seems to give the impression that ERC is actually working to keep prices down. ERC......wenyewe wata-kubali?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@bwen. Wrong. ERC is going to create another fuel crisis, like the other one. Just you wait. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 9/21/2006 Posts: 422 Location: Nairobi
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Why would it crate another FUEL crisis. theres a lot of fuel only that these oil sellers expected prices to go up by a whole six shilings per litre...... now they are creating artificial shortage by not wanting to sell to motorists. Washindwe kabisa. Enyewe.....Kenya is a Man eat man society!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Layman wrote:Why would it craate another FUEL crisis. theres a lot of fuels only that these oil sellers expected prices to go up by a whole six shilings per litre...... now they are creating artificial shortage by not wanting to sell to motorists. Washindwe kabisa. Kenya is a Man eat man society! A good example - sugar went from 100/Kg to 200/Kg... The oil marketers will take their aim and shoot. ERC cannot manufacture oil. That's where they'll lose this fight...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 5/24/2007 Posts: 1,805
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hisah wrote:Layman wrote:Why would it craate another FUEL crisis. theres a lot of fuels only that these oil sellers expected prices to go up by a whole six shilings per litre...... now they are creating artificial shortage by not wanting to sell to motorists. Washindwe kabisa. Kenya is a Man eat man society! A good example - sugar went from 100/Kg to 200/Kg... The oil marketers will take their aim and shoot. ERC cannot manufacture oil. That's where they'll lose this fight... @ Aguy So then, it is the marketers who will create the shortage and not ERC? I Think Therefore I Am
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Hope this is true....http://www.nation.co.ke/business/news/Fall+of+shilling+temporary+says+director++/-/1006/1256446/-/115fv44/-/index.html
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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I now think the price of fuel has bottomed up and now it has to come down. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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bwenyenye wrote:hisah wrote:Layman wrote:Why would it craate another FUEL crisis. theres a lot of fuels only that these oil sellers expected prices to go up by a whole six shilings per litre...... now they are creating artificial shortage by not wanting to sell to motorists. Washindwe kabisa. Kenya is a Man eat man society! A good example - sugar went from 100/Kg to 200/Kg... The oil marketers will take their aim and shoot. ERC cannot manufacture oil. That's where they'll lose this fight... @ Aguy So then, it is the marketers who will create the shortage and not ERC? exactly, but that's what the ERC gets for trying to force marketers to sell at negative margins, making them the root cause. The investor's chief problem - and even his worst enemy - is likely to be himself
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Bei ya ngata @120.55
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