Monday 15 October 2012

WHO'S FOOLING WHO. ERC PRICES AND AN OBESE BABY

WHAT HAPPENED TO NO PRIVATE GAIN FROM PUBLIC OFFICE

The GoK is a spoilt obese child who gets what he wants regardless of consequences, this was most apparent by the super tantrum the Honorable Parliamentarians had as they were halted by Hotel Echo on their way to a stupendous KES10 million date with their bank accounts.

Top of the list and most passionate supporters are MPs from N.E Kenya, whose populations are on the front lines on the fight against poverty, disease and ignorance. Instead of them being the passionate voice of the poor, they seek out ways of looting the coffers to line their pockets. Thus I ask, what happened to no private gain from public office- as a priciple of public service?
The list of shame here  


It would appear that the crafty members of the house have found a way to fatten the cow before bleeding it dry- Raise the pump prices and blame it on the international market prices. A slum dunk!

Like blood to the body, oil is an essential resource to the productivity and development of  a country, as such the E.R.C came to be. In exercising its mandate to regulate the energy in the country, it is responsible for setting prices on the petroleum. Its most recent adjustment came in yesterday evening, a whooping KES 6 rise that will see Nairobi motorists pay 115 shillings per liter- really ERC.

I was convinced that mischief was afoot especially when you consider recent utterances by MPigs Who will Get their Money at all costs. The ERC chalked up the latest stuffing of Kenyan interests to Changes in International Oil prices. So I went to the OPEC Website.

On the OPEC website, I noticed a peculiar trend when I compared its trends to the national pump prices of the ERC. believe you me somebody is taking us on a ride, somebody is making mad mulla (in 21st century speak) off the backs of Kenyans. Why are we being fooled?

NOTE: 1 BARREL HAS 159L THE KES PRICE IS 84.90 TO THE $  do the math. 


Graph comparing OPEC Crude oil price Trend to Kenyan Pump Price

As evident from the graph, the new oil prices are completely unjustified and are not tethered in any way or form to international prices.

Lest I be mistaken the current price should be sub 106 to the liter, as it was in AUG-SEP when the international prices were most similar to today's crude.

The July shocker of an excuse was the current stocks were not over, however to the convenience of big oil, the stock always end when the price rises.

In essence, it is my opinion that we are being had people, the bureaucratic leadership of ERP and GoK needs a change either in one of the 3Ps- Practice, Policy or Personnel- am rooting for personnel.

38 million Kenyans are at the mercy of big oil, the ERC is not doing s thing to help us

The best alternative would be an open tender system for a single national supplier. The suitable candidate needs to be able to meet the supply needs at a stabilized price on an annual basis or biannual basis, this month by month system is killing the economy and creating uncertainties in the market that definitely reduce investor confidence.

The aristocrats of our time have taken us to be the grass that they can feed their lives of extravagance with no one to hold them to account, definitely not our Honorable Members, who often accuse each other of being for sale. The Wanjiku on the street has no champion for her rights, and she has to speak for herself. She must. 

Wake-up people, lets stop being grass.  
we need to put this obese child called the GoK on a diet. Slimpossible do something!

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