The Standard | by Macharia Kamau
Focus is set to shift to the Petroleum and Mining Ministry to intervene and tame the rising cost of fuel in the country using a recently set up price stabilization mechanism.
This follows the latest developments globally that saw the price of crude oil rise past $50 per barrel.
The ministry had last year said money raised by the redesigned Petroleum Development Levy (PDL) would be used to subsidize the retail cost of diesel in case the…
