Seventy Four Ninety (74.90) is the price of your vigilance

If you ever doubted that oil marketers operate a cartel in Kenya, then here is the evidence. After all the noise we made about the oil marketers fleecing us with unjustified mark-ups and after the Energy Regularory Commission threatened them with price control, they are now "self-regulating". A close look at all the station forefront's reveals a unified price of Kshs. 74.90 cutting across Kobil, total, Caltex, Shell, etc.

In the past it was not uncommon to find a difference of as much as six shilling in the price of unleaded super petrol between two stations marketing the same brand only 3 kilometres from each other. Most notorious were the CBD stations and those in the Hurlingham area. Thika Road, Muranga Road and Eastlands were the places where you got value for money. Not any more it seems. There is consesus now.

Did petro consumers ask for too much? Wil ERC do anything now.