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We are better off without ERC

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Swenani		#1 Posted : Friday, November 14, 2014 3:59:24 PM
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum		Diesel down by Sh6.15, petrol by 4.09 and Kerosene by Sh4.57. ERC is a joke, price per barrel is sub $80, ERC is now claiming that we will start enjoying low prices in Dec since it takes an average of 55 days to import fuel.When the prices go up, the prices are immediately revised upwards energy price regulation had outlived it's purpose If Obiero did it, Who Am I?
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MaichBlack		#2 Posted : Friday, November 14, 2014 4:02:50 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,452		Swenani wrote: Diesel down by Sh6.15, petrol by 4.09 and Kerosene by Sh4.57. ERC is a joke, price per barrel is sub $80, ERC is now claiming that we will start enjoying low prices in Dec since it takes an average of 55 days to import fuel.When the prices go up, the prices are immediately revised upwards It takes an average of 55 minutes to import fuel when prices rise!!! I raised the same issue here and some fellows did not understand where I was coming from. Wait until there is a hike in prices by December 10th. Prices will be immediately raised (14th December) "due to increase in crude oil/international prices". Corruption at it's best! Every shilling they fleece you at the pump becomes billions by the end of the month. And at the going price of corruption (10% of gross) they have 100m+ to go around. How many are they? Get my drift? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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washiku		#3 Posted : Friday, November 14, 2014 4:31:32 PM
Rank: Chief Joined: 5/9/2007 Posts: 13,095		A needy child's education depends on you. Click here to assist
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Swenani		#4 Posted : Friday, November 14, 2014 5:19:51 PM
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum		MaichBlack wrote: Swenani wrote: Diesel down by Sh6.15, petrol by 4.09 and Kerosene by Sh4.57. ERC is a joke, price per barrel is sub $80, ERC is now claiming that we will start enjoying low prices in Dec since it takes an average of 55 days to import fuel.When the prices go up, the prices are immediately revised upwards It takes an average of 55 minutes to import fuel when prices rise!!! I raised the same issue here and some fellows did not understand where I was coming from. Wait until there is a hike in prices by December 10th. Prices will be immediately raised (14th December) "due to increase in crude oil/international prices". Corruption at it's best! Every shilling they fleece you at the pump becomes billions by the end of the month. And at the going price of corruption (10% of gross) they have 100m+ to go around. How many are they? Get my drift? Let's wait for Dec and see, since the price reduction is per barrel is over 30%, I'm hoping for atleast 15% cumulative reduction at the pump by Dec If Obiero did it, Who Am I?
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MaichBlack		#5 Posted : Friday, November 14, 2014 5:31:25 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,452		washiku wrote: And we haven't even started selling ours!!! Tutauza ikiwa mbao mbao? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Swenani		#6 Posted : Friday, November 14, 2014 5:33:47 PM
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum		MaichBlack wrote: washiku wrote: And we haven't even started selling ours!!! Tutauza ikiwa mbao mbao? If Obiero did it, Who Am I?
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The optimist		#7 Posted : Friday, November 14, 2014 6:36:44 PM
Rank: Member Joined: 6/14/2010 Posts: 521 Location: Nairobi		Swenani wrote: MaichBlack wrote: washiku wrote: And we haven't even started selling ours!!! Tutauza ikiwa mbao mbao? Its a bear market ya Oil. Adept Tranport Services
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dunkang		#8 Posted : Wednesday, November 19, 2014 4:41:57 AM
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831		Today i saw sub-100/- prices in one of those vibanda petrol station along Kamiti Road, however, only matatus can dare fuel in those vibanda stations. Receive with simplicity everything that happens to you.” ― Rashi
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Swenani		#9 Posted : Wednesday, November 19, 2014 9:07:36 AM
Rank: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum		dunkang wrote: Today i saw sub-100/- prices in one of those vibanda petrol station along Kamiti Road, however, only matatus can dare fuel in those vibanda stations. Be the guinea pig for wazua please and provide feedback If Obiero did it, Who Am I?
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kiash		#10 Posted : Wednesday, November 19, 2014 1:49:05 PM
Rank: Veteran Joined: 4/27/2010 Posts: 951 Location: Nyumbani		Swenani wrote: MaichBlack wrote: Swenani wrote: Diesel down by Sh6.15, petrol by 4.09 and Kerosene by Sh4.57. ERC is a joke, price per barrel is sub $80, ERC is now claiming that we will start enjoying low prices in Dec since it takes an average of 55 days to import fuel.When the prices go up, the prices are immediately revised upwards It takes an average of 55 minutes to import fuel when prices rise!!! I raised the same issue here and some fellows did not understand where I was coming from. Wait until there is a hike in prices by December 10th. Prices will be immediately raised (14th December) "due to increase in crude oil/international prices". Corruption at it's best! Every shilling they fleece you at the pump becomes billions by the end of the month. And at the going price of corruption (10% of gross) they have 100m+ to go around. How many are they? Get my drift? Let's wait for Dec and see, since the price reduction is per barrel is over 30%, I'm hoping for atleast 15% cumulative reduction at the pump by Dec Unfortunately there are millions like you making others rich, no wonder people afford to buy mansions worth millions this is money they make in months !!
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theking		#11 Posted : Wednesday, November 19, 2014 4:43:39 PM
Rank: Member Joined: 1/25/2010 Posts: 344		Swenani wrote: MaichBlack wrote: washiku wrote: And we haven't even started selling ours!!! Tutauza ikiwa mbao mbao?
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