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Why Kenyans still pay more for fuel amid low oil prices
Energy Regulatory Commission director-general Joseph Ng’ang’a. PHOTO | SALATON NJAU
The Energy Regulatory Commission (ERC) has recently come under heavy criticism from fuel consumers who feel they have been denied the full benefits of the tanking global oil prices.
The ERC, which controls petroleum prices through monthly reviews, has traditionally responded to the criticism by stating that a large segment of what makes unit pricing of petroleum is made of taxes and fixed charges that do not vary with the change in global pricing.