@WAKAGORI

Weka link. This might be a good thing, considering what we are going thru and yet its not something completely out of control

Refining and pipeline transport effectively become natural monopolies in small markets like
Kenya where we have an Open Tender System, in which crude or petroleum products are purchased by a single company for the entire market on the basis of a public tender and shared among all marketing companies in proportion to their share of the market.

In such system, the government provides protection to the refinery by requiring marketers to process about half of local consumption at the refinery according to their market share which places a clear burden on our economy.

However attractive its seems and we demand for it, Price control can never fully mimic an effective and well-regulated competitive market that imposes relentless pressure on participants to improve efficiency and—equally importantly—to share the gains with customers.
Thus in my opinion, the best way to save us from this skyrocketing prices is allowing more third-party access to refineries and efficient storage terminals at a lower cost to enhance competition and reduce costs. Otherwise it will remain the same story of “we are charging high prices due to high costs” and ...raitus will always answer our cry with the usual “ we can do nothing since it’s a free market” cant they do something in light of the above and save us the agony?

Where did you get that?

News coming in is that KK is to drop prices in two days time.....Question:What has changed to warrant a drop?......Can't be that empty threat by that Nyoike idiot!

Then this govt have to do something. They keep on telling us that this is a liberal market but i wonder how liberal it is if they still have control over importation of oil through their single importer system. They should regulate competition but not retaining entrant barriers through the inefficient refinery control. Free market in Kenyan oil industry? "b.llsh.t!!!"
This ".iraitu" is taking Kenyans for fools. What do you expect when you limit the number of importers, how much they get and then you don't control the price they charge us. If they control, let them tighten everywhere in an efficient manner, if they liberalize let them do it in an efficient manner and that is the only way we can see the price wars in our oil industry.
That is what should be, but in our MPIGS way of doing things its not so easy as their control is a way of raking huge tax and fees from the players to feed their greed and then leave Kenyans at the mercy of the marketers. What we need is a new crop of individuals who have Kenyans interest at heart. The question remains whether we can get such individuals to such positions.

Thats only my opinion.