Oil companies out to get us!
Thread Starter
Joined: Dec 2006
Posts: 2,173
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Oil companies out to get us!
Just driving by the local gas station this morning, May 15 (the day people are supposed to boycott the gas stations), and noticed that overnight, the price of gas jumped $.10 a litre ($.38 /gallon). I guess for today they figure if fewer people are going to be getting gas, then they may as well make up the difference on the rest!
Joined: Dec 2006
Posts: 852
From:
RE: Oil companies out to get us!
i think the only way to get them to lower the price of gas is for
everyone to buy from one station like exxon or bp or whoever
but everyone has to do it.
if we pick BP then exxon and all the otherswill have to drop the price if no one buys from them
we can start our own gas war but it would have to be united
just what i think
everyone to buy from one station like exxon or bp or whoever
but everyone has to do it.
if we pick BP then exxon and all the otherswill have to drop the price if no one buys from them
we can start our own gas war but it would have to be united
just what i think
Joined: Jan 2006
Posts: 960
From:
RE: Oil companies out to get us!
This "boycott gas day" is fundamentally flawed. I agree with the theory, but the mechanics aren't there. If everyone in America was to not buy gas for a single day, it wouldn't hurt the oil companies one bit because everyone would be getting their gas on the previous few days, or the few days after. The net result is the same amount of gas gets sold. In my area, and aside from the fully independent stations, the gas at the retail station is owned by the big company, and the station is owned by a private person or corporation. The store owner buys the gas and makes theirmoney the moment the gas is sold to the consumer, and to stay competitive, they don't have a large markup in price. So, if you boycott an individual station or several stations, all you are hurting is the station owner, not big oil. Even if you were able to get the entire country to boycott a brand of gas, that would have no impact on the oil companies because they buy and sell gas to each other at the refinery level all the time. So the company that is being boycotted would still produce the same number of gallons they did when they had their own stores, but they would sell it to the other companies that are still selling gas to keep their supplies up due to higher demand at their stations. The end result here would be higher consumer prices because there are fewer places to buy from, and the oil companies would be making even more money. It is also impossible to convince everyone to boycott a certain brand, even for known political reasons, ala CITGO. The only way to have an impact would be to reduce consumption by a substantial rate in conjunction with the boycott gas day; but even then, there are enough other products that the oil companies can make with crude that the reduced sale of gas wouldn't be that big of an impact to their bottom line. The only other alternatives are to allow more drilling in places of known cheap oil, such as the Gulf of Mexico, off the West Coast, and Alaska, and to build more refineries, and continue to discover and develop renewableenergy resources. In the end, it all boils down to supply and demand. As long as we demand a product,the producerswill always sell it to usat the highest price possible.
Senior Member
Joined: May 2006
Posts: 16,711
RE: Oil companies out to get us!
ORIGINAL: littlehummerboy
Just driving by the local gas station this morning, May 15 (the day people are supposed to boycott the gas stations), and noticed that overnight, the price of gas jumped $.10 a litre ($.38 /gallon). I guess for today they figure if fewer people are going to be getting gas, then they may as well make up the difference on the rest!
Just driving by the local gas station this morning, May 15 (the day people are supposed to boycott the gas stations), and noticed that overnight, the price of gas jumped $.10 a litre ($.38 /gallon). I guess for today they figure if fewer people are going to be getting gas, then they may as well make up the difference on the rest!
Same deal HERE!! Filled up Monday at $1.15/Liter, Tuesday it was $1.19/Liter! Hell, last Friday it was $1.10/Litre!![:@][:@]
Joined: Oct 2006
Posts: 532
From:
RE: Oil companies out to get us!
ORIGINAL: HummBob
Maybe it's a CANADIAN thing!!![8D]
Same deal HERE!! Filled up Monday at $1.15/Liter, Tuesday it was $1.19/Liter! Hell, last Friday it was $1.10/Litre!![:@][:@]
ORIGINAL: littlehummerboy
Just driving by the local gas station this morning, May 15 (the day people are supposed to boycott the gas stations), and noticed that overnight, the price of gas jumped $.10 a litre ($.38 /gallon). I guess for today they figure if fewer people are going to be getting gas, then they may as well make up the difference on the rest!
Just driving by the local gas station this morning, May 15 (the day people are supposed to boycott the gas stations), and noticed that overnight, the price of gas jumped $.10 a litre ($.38 /gallon). I guess for today they figure if fewer people are going to be getting gas, then they may as well make up the difference on the rest!
Same deal HERE!! Filled up Monday at $1.15/Liter, Tuesday it was $1.19/Liter! Hell, last Friday it was $1.10/Litre!![:@][:@]
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