Wazua
»
Investor
»
Economy
»
Why I'm Still Paying 110/= Plus at the Pump
Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
|
shocks wrote:bird_man wrote:harrydre wrote:still high. crude has fallen over half! ERC tries to give an explanation on Page 27 of the DN. Basically: International crude down by 57% but super petrol down by 20%. Reasons: (1)Taxes & levies (2)Distribution costs (3)Supplier margins On the above, add the fact that imports are $ based & its imported already refined. plus the time lag aspect, this batch was bought using november prices Hope when it starts going up prices will keep going down for at least two months!!! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
McReggae wrote:shocks wrote:bird_man wrote:harrydre wrote:still high. crude has fallen over half! ERC tries to give an explanation on Page 27 of the DN. Basically: International crude down by 57% but super petrol down by 20%. Reasons: (1)Taxes & levies (2)Distribution costs (3)Supplier margins On the above, add the fact that imports are $ based & its imported already refined. plus the time lag aspect, this batch was bought using november prices Hope when it starts going up prices will keep going down for at least two months!!! Word! That's the only way to prove they are not bullshitting us. Two months straight with crude prices going up but pump prices in Kenya going down. waiting... ION - ERC employees have started posting on this thread. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
|
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
About turn "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
mlennyma wrote:About turn Mamefika ngaphi? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
Wewe!!! You almost gave me a heart attack! I thought the ERC has increased the price of petrol by 15/= given that today is 14th. I thought they have changed dealers. I know they have been smoking some wet stuff but even laced with overpriced petrol that would have been too much!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
mlennyma wrote:About turn Wekeni link ama the prices here. I have searched the interweb (I know a fellow who calls the Internet 'the interweb') and there is nothing. Labda nyinyi nakusa sikia kwa retio!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Member Joined: 8/3/2007 Posts: 146
|
|
|
|
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
|
MaichBlack wrote:mlennyma wrote:About turn Wekeni link ama the prices here. I have searched the interweb (I know a fellow who calls the Internet 'the interweb') and there is nothing. Labda nyinyi nakusa sikia kwa retio!!! Petrol up by KSh4.75 to 89.46, Diesel up by 68cnts to Ksh76.20,Kerosene up by sh3.35 to sh55.75. If Obiero did it, Who Am I?
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
Swenani wrote:MaichBlack wrote:mlennyma wrote:About turn Wekeni link ama the prices here. I have searched the interweb (I know a fellow who calls the Internet 'the interweb') and there is nothing. Labda nyinyi nakusa sikia kwa retio!!! Petrol up by KSh4.75 to 89.46, Diesel up by 68cnts to Ksh76.20,Kerosene up by sh3.35 to sh55.75. What are these characters smoking at ERC???? What happened to our two months delay? Had we hit the bottom? Had the benefits of the lowest prices so far been passed to us? Did prices go up in December??? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
|
So world price if crude have gown up. Is this what it means or the % ERC continues to get got so small that they had to do something
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Nobody answers all this questions in a cartel country. "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
MaichBlack wrote:What are these characters smoking at ERC???? What happened to our two months delay?
Had we hit the bottom? Had the benefits of the lowest prices so far been passed to us? Did prices go up in December??? Link: Prizing Games by useless ERC!!!Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
MaichBlack wrote:McReggae wrote:shocks wrote:bird_man wrote:harrydre wrote:still high. crude has fallen over half! ERC tries to give an explanation on Page 27 of the DN. Basically: International crude down by 57% but super petrol down by 20%. Reasons: (1)Taxes & levies (2)Distribution costs (3)Supplier margins On the above, add the fact that imports are $ based & its imported already refined. plus the time lag aspect, this batch was bought using november prices Hope when it starts going up prices will keep going down for at least two months!!! Word!
That's the only way to prove they are not bullshitting us.
Two months straight with crude prices going up but pump prices in Kenya going down. waiting...ION - ERC employees have started posting on this thread. @McReggae - The clowns have failed an extremely simple exam. They give us the two month time lag bullshit story when prices are falling and when prices go up in February they are promptly loaded on to March prices!!! This bunch should be investigated!!! Some people must be eating some serious turkey! This is not chicken! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
This activist republic. This is how we'll really get shafted...by going back to self regulation Cofek calls for end to petroleum price fixing every month www.businessdailyafrica..../-/13q8atfz/-/index.htmlHawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss...
|
|
|
Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
|
Cde Monomotapa wrote:This activist republic. This is how we'll really get shafted...by going back to self regulation Cofek calls for end to petroleum price fixing every month www.businessdailyafrica..../-/13q8atfz/-/index.htmlHawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss... on the same note iam advocating for a free market, all our neighbors don't have controls and we are worse than some "Don't let the fear of losing be greater than the excitement of winning."
|
|
|
Rank: Chief Joined: 1/13/2011 Posts: 5,964
|
mlennyma wrote:Cde Monomotapa wrote:This activist republic. This is how we'll really get shafted...by going back to self regulation Cofek calls for end to petroleum price fixing every month www.businessdailyafrica..../-/13q8atfz/-/index.htmlHawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss... on the same note iam advocating for a free market, all our neighbors don't have controls and we are worse than some TZ do, fuel price has reduced. Rwanda fuel reduced. Not the same in UG. Everyone here, in the investor forum at least, should by now be knowledgeable about an oil and USD/KES chart and trends this year and apply some technocratic thinking...
|
|
|
Rank: Elder Joined: 11/27/2007 Posts: 3,604
|
mlennyma wrote:Cde Monomotapa wrote:This activist republic. This is how we'll really get shafted...by going back to self regulation Cofek calls for end to petroleum price fixing every month www.businessdailyafrica..../-/13q8atfz/-/index.htmlHawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss... on the same note iam advocating for a free market, all our neighbors don't have controls and we are worse than some The controls were put in place to protect from increasing prices of fuel, on the same note I was expecting the downward trend to be control free and follow market forces. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,455
|
Cde Monomotapa wrote:This activist republic. This is how we'll really get shafted...by going back to self regulation Cofek calls for end to petroleum price fixing every month www.businessdailyafrica..../-/13q8atfz/-/index.htmlHawa Cofek should be lobbying for Wanjiku's fare ipunguzwe. What really is the mandate of this Cofek? Now again they are involved at KAA. Someone explain to me priss... Self regulation WILL NOT WORK!!! ERC sets the MAXIMUM price not MINIMUM. No one has stopped the companies from selling at a LOWER price. If they were angels as some people imagine, they could be selling the fuel at a much lower price than the set maximum. What is needed is a transparent system such that anyone can create his own spreadsheet, and be simply keying in the different price components and announcing to themselves the price for the next month! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Wazua
»
Investor
»
Economy
»
Why I'm Still Paying 110/= Plus at the Pump
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|