{"id":8350,"date":"2024-12-07T05:39:25","date_gmt":"2024-12-07T02:39:25","guid":{"rendered":"https:\/\/www.magaripoa.com\/?p=8350"},"modified":"2024-12-07T05:39:25","modified_gmt":"2024-12-07T02:39:25","slug":"8350-2","status":"publish","type":"post","link":"https:\/\/www.magaripoa.com\/gari\/8350-2\/","title":{"rendered":""},"content":{"rendered":"<p><span style=\"font-size: 12pt;color: #000000\">The price of all three petroleum products will remain unchanged for a second straight month following the retention of fuel costs by the Energy and Petroleum Regulatory Authority (EPRA).<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">The non-movement in prices in the mid-month review by the energy sector regulator is however against another rise in the landed cost of the imports.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">The average landed cost of imported super petrol rose by 6.21 per cent per cubic metre while that of diesel and kerosene jumped by 7.36 and 9.8 per cent.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">The implementation of a controversial price stabilization mechanism\/fund has however seen the government provide cushion to Kenyans against the prevailing high international oil prices.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">The mechanism nevertheless continues to lack a legal backing with the Petroleum Ministry yet to publish and approve regulations governing the operation of the taxpayer backed kitty.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">So far, the mechanism has been applied through the trimming of supply margins payable to oil marketing companies (OMCs), with the firms later receiving compensation from the National Treasury.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">Subsequent to the hold in costs, super petrol will continue retailing at Ksh.127.14 per litre in the Capital Nairobi while the price of diesel and kerosene will stick at Ksh.107.66 and Ksh.97.85 respectively.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 12pt;color: #000000\">Read more on <a href=\"http:\/\/Citizentv.co.ke\"><strong>CitizenTV<\/strong><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of all three petroleum products will remain unchanged for a second straight month following the retention of fuel costs by the Energy and Petroleum Regulatory Authority (EPRA). &nbsp; The non-movement in prices in the mid-month review by the energy sector regulator is however against another rise in the landed cost of the imports&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":8351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","cybocfi_hide_featured_image":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1905],"tags":[],"class_list":["post-8350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pej6K6-2aG","jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.magaripoa.com\/gari\/wp-content\/uploads\/Fuel-pump-pic.png?fit=1320%2C741&ssl=1","_links":{"self":[{"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/posts\/8350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/comments?post=8350"}],"version-history":[{"count":0,"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/posts\/8350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/media\/8351"}],"wp:attachment":[{"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/media?parent=8350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/categories?post=8350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.magaripoa.com\/gari\/wp-json\/wp\/v2\/tags?post=8350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}