Consumers will part with Ksh98 for a litre of petrol in Nairobi in a new pricing schedule released by the Energy Regulatory Commission on Monday.In Nakuru, a litre of petrol will retail at Sh99, while consumers in Kisumu and Eldoret will pay Sh100 for the same quantity.
The new prices will remain in effect for the next 30 days as prescribed under the Energy Regulations 2010-Petroleum Pricing.This brings into perspective the government's commitment to reduce the cost of investment and production.
"During the month of January 2011, the international prices of crude oil and refined petroleum products continued on an upward trend, which started in July 2010," said Mr Kaburu Mwirichia, director general of the commission in a statement.
Under the new regime diesel will sell at Sh91.72 per litre in Nairobi while pump stations in Nakuru, Kisumu and Eldoret will sell it at Sh92.78, Sh93.92 and Sh93.87 respectively.
Among issues that have impacted on global oil prices include political instability being experienced in North Africa. As a result, pricing of the free on board price for Murban crude oil lifted in January 2011 went up by four per cent.
The government seems to be doing very little if anything to tackle traffic jams especially in major cities.Kenya loses ovber 20 Billion shillings in traffic jams and the rise in fuel prices will not help matters in anyway.This therefore brings in the big question lingers on why Kenya is always at the verge of vulnerability every time fuel prices are mentioned.
Therefore we as the African Voices are asking What should the government do to keep fuel prices in Kenya consistent.???Kindly let us hear your thoughts.
Kelvin Mwangi,
Nairobi.
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