Did you know that the Energy Regulatory Commission (ERC) has increased fuel pump prices twelve (12) times ever since it begun regulating pump prices 17 months ago.
ERC attributes the rise in fuel prices to the ever increasing international price of crude oil and refined petroleum products. The recent price review saw the price of Super petrol, Diesel and Kerosene, in Nairobi, increase by KES 6.81, 3.67 and KES 2.81 respectively.
Below is summary of ERC’s pump price reviews since its inception:
[caption id="attachment_4803" align="alignnone" width="379" caption="Data sourced from ERC"][/caption]
[caption id="attachment_4805" align="alignnone" width="706" caption="Data sourced from ERC"][/caption]
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