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Fuel Prices Kenya vs Tanzania
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Mpenzi
#11 Posted : Sunday, December 11, 2011 11:26:58 AM
Rank: Veteran

Joined: 10/17/2008
Posts: 1,234
amga wrote:
if my memory serves me right world oil prices in 2009 hit usd 147 per barrel, now the price stands at usd 108 per barrel, back then super hit a high of ksh 109, some one tell me this ain't pure robbery or what arithmetic is ERC using.
@ impunity ksh 119 sounds good (in ugly terms)


How much was the Kshs to the US Dollar then?
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jerry
#12 Posted : Sunday, December 11, 2011 12:27:51 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Mpenzi wrote:
amga wrote:
if my memory serves me right world oil prices in 2009 hit usd 147 per barrel, now the price stands at usd 108 per barrel, back then super hit a high of ksh 109, some one tell me this ain't pure robbery or what arithmetic is ERC using.
@ impunity ksh 119 sounds good (in ugly terms)


How much was the Kshs to the US Dollar then?

... and what was the inflation then? It(inflation) never used to be on our power bills! Do we know the formula that ERC applies in determining the max. rates?
The opposite of courage is not cowardice, it's conformity.
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cnn
#13 Posted : Sunday, December 11, 2011 2:09:03 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
GGK wrote:
minima wrote:
Copy paste:


Submitted by Mwaganunjoka
As much as I support the two, atwoli should tell us the truth and not say that Fuel in Tanzania is going at Kshs. 63 per litre. I'm in Dar es Salaam and one litre of petrol is going for Kshs.119 and not 63!!!!!!



Where exactly did Atwoli get 63/= from? I thought it cost around 2,000 TZshs

This Atwoli fellow is just a chatter box,just like our politicians,yapping to please the public.
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cnn
#14 Posted : Sunday, December 11, 2011 2:13:15 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
jerry wrote:
Mpenzi wrote:
amga wrote:
if my memory serves me right world oil prices in 2009 hit usd 147 per barrel, now the price stands at usd 108 per barrel, back then super hit a high of ksh 109, some one tell me this ain't pure robbery or what arithmetic is ERC using.
@ impunity ksh 119 sounds good (in ugly terms)


How much was the Kshs to the US Dollar then?

... and what was the inflation then? It(inflation) never used to be on our power bills! Do we know the formula that ERC applies in determining the max. rates?

@jerry...http://www.erc.go.ke/erc/Regulations/THE%20ENERGY%20%28PETROLEUM%20PRICING%20%29%20REGULATIONS,%202010.pdf
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mukiha
#15 Posted : Sunday, December 11, 2011 7:24:02 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Burning Spear wrote:
[quote=amga]some one who has experienced the east african market kindly tell us how much fuel is retailing esp tanzania?
seems its far cheaper in tanzania than kenya, what are the underlying factors
http://www.numbeo.com/ga...lt.jsp?country=Tanzania[/quote]

The problem is ERC.
It should be disbanded and Kaburu Mwirichia sent to jail for conning Kenyans.


...yeah, right, and then the prices will jump to Sh150...

The ERC pricing formula has really helped; if wasn't in use, we'd have crossed Sh150 a long time ago.

The problem with ERC is that their PR department is asleep!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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