{"id":36127,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/36127/?format=json","text_counter":250,"type":"speech","speaker_name":"Mr. Langat","speaker_title":"","speaker":null,"content":"THAT, aware that the majority of Kenyans and businesses are consumers of petroleum fuel products; concerned that the relevant institutions do not maintain Strategic Fuel reserves to stabilize prices; concerned further that as a result, the cost of petroleum products has significantly increased in the last two months; noting that escalating fuel prices could have far reaching negative socio-economic effects on the nation; this House urges the government to urgently subsidize the prices of all categories of petroleum fuel to maintain pump prices to a maximum of Kshs.80 per litre by setting up a Consumer Petroleum Fuel Subsidy Fund through re-allocation of funds from various votes of Government Ministries."}