doubtfire wrote:bwenyenye wrote:doubtfire wrote:me thinks this whole idea of gov controlling the prices was a bad idea
People,
Do you have a rough idea of how much it would have been costing now if it was not regulated? If the marketers had gotten to 112 when it was @ around USD90 per barrel, how much would it be now that it is around USD 120 per barrel.
Guys please let us not be drawn into useless emotion.
the prices would be high but due to competation,one company would be selling at 120 while the other was selling at 80
And there is no competition now? Wasn't there competition those days @bwenyenye is quoting? I totally agree with @bwenyenye. We would be paying 130/= per litre without these controls.
Having said that, I think Kiraitu and his crew have infiltrated the regulatory commission. I'm waiting to see how they will justify a price increase while the crude prices have gone down. And we should not be made to pay for inefficiencies and corruption. If an importer incurs [avoidable] higher expenses due to his/her incompetence, the formula should totally ignore that additional cost.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.