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{
"id": 549036,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/549036/?format=api",
"text_counter": 159,
"type": "speech",
"speaker_name": "Hon. Nyenze",
"speaker_title": "",
"speaker": {
"id": 1987,
"legal_name": "Francis Mwanzia Nyenze (Deceased)",
"slug": "francis-mwanzia-nyenze"
},
"content": "products, is done through pipelines. They are efficient, reliable and cost effective. You transport these products in bulk to many regions at a record time, so long as you do not use the pipeline for a long time without repair. Most countries in the world are benefiting from the low crude oil prices. The cost of crude oil has dropped globally and countries that have been strategic in their planning like China and others have storage facilities for fuel. They store enough during the good times when fuel and petroleum products are selling cheaply in the international markets. It is unfortunate that Kenya does not have adequate storage facilities. That is why we cannot take advantage of the low crude oil prices worldwide. I was surprised that even the cost of transport has not come down. People living in Rongai, Machakos, Thika, Ruiru, Kiambu and other places near Nairobi are not paying reduced fare despite the fact that the price of crude oil has fallen. I do not know whether this is as a result of collusion between the Government and the oil cartels, through taxation, or is as a result of overcharging of commuters by the transport companies."
}