jiggaxbam

Got this from another forum

This sure looks like something we should do. Let's do
it! we would all need to do it though.


GAS WAR - an idea that WILL work

This was originally sent by a retired Coca Cola
executive. It came from one of his engineer buddies
who retired from Halliburton. It ' s worth your
consideration.

Join the resistance!!!! I hear we are going to hit
close to $4.00 a gallon by next summer and it might go
higher!! Want gasoline prices to come down? We need to
take some intelligent, united action. Phillip
Hollsworth offered this good idea.

This makes MUCH MORE SENSE than the "don't buy gas on
a certain day" campaign that was going around last
April or May! The oil companies just laughed at that
because they knew we wouldn't continue to "hurt"
ourselves by refusing to buy gas. It was more of an
inconvenience to us than it was a problem for them.

BUT, whoever thought of this idea, has come up with a
plan that can really work. Please read on and join
with us! By now you're probably thinking gasoline
priced at about $1.50 is super cheap. Me too! It is
currently $2.79 for regular unleaded in my town. Now
that the oil companies and the OPEC nations have
conditioned us to think that the cost of a gallon of
gas is CHEAP at $1.50 - $1.75, we need to take
aggressive action to teach them that BUYERS control
the
marketplace..... not sellers. With the price of
gasoline going up more each day, we consumers need to
take action. The only way we are going to see the
price of gas come down is if we hit someone in the
pocketbook by not purchasing their gas! And, we can do
that WITHOUT hurting ourselves. How? Since we all rely
on our cars, we can't just stop buying gas. But we CAN
have an impact on gas prices if we all act together to
force a price war.

Here's the idea:

For the rest of this year, DON'T purchase ANY gasoline
from the two biggest companies (which now are one),
EXXON and MOBIL. If they are not selling any gas, they
will be inclined to reduce their prices. If they
reduce their prices, the other companies will have to
follow suit.

But to have an impact, we need to reach literally
millions of Exxon and Mobil gas buyers. It's really
simple to do! Now, don't wimp out at this point....
keep reading and I'll explain how simple it is to
reach millions of people.

I am sending this note to 30 people. If each of us
sends it to at least ten more (30 x 10 =3D 300) ...
and those 300 send it to at least ten more (300 x 10
=3D 3,000)...and so on, by the time the message
reaches the sixth group of people, we will have
reached over THREE MILLION consumers. If those three
million get excited and pass this on to ten friends
each, then 30 million people will have been contacted!
If it goes one level further, you guessed it.....
THREE
>>>>HUNDRED MILLION >>>>PEOPLE!!!

Again, all you have to do is send this to 10 people.
That's all. (If you don't understand how we can reach
300 million and all you have to do is send this to 10
people.... Well, let's face it, you just aren't a
mathematician. But I am, so trust me on this one.)

How long would all that take? If each of us sends this
e-mail out to ten more people within one day of
receipt, all 300 MILLION people could conceivably be
contacted within the next 8 days!!!

I'll bet you didn't think you and I had that much
potential, did you?
Acting together we can make a difference. If this
makes sense to you, please pass this message on. I
suggest that we not buy from EXXON/MOBIL UNTIL THEY
LOWER THEIR PRICES TO THE $1.30 RANGE AND KEEP THEM
DOWN.

THIS CAN REALLY WORK.

On a separate note...i dont think this will work personally, but it is worth a try. WHen was the last time you saw an Exxon gas station near where we lived? I'm sure none of you fill up with their gas anyways, but notify your friends and relatives in other states that do!

Driving around town yesterday and today i couldnt find a gas station that sold gas for under 3.00. Arco was at 2.99 and perhaps only costco was slightly below 3.00. And im talking REGULAR UNLEADED.

Lorax

I remember reading this forward about two years ago *yawn*

jiggaxbam

i guess i just dont get email then

zoltan944

ya, i would love to not buy that, and i don't. but until a nationally televised event happens, noone will take it seriously. Infact if a major oil company saw on tv noone would buy their gas till it comes down, it wouldn't have to go on so long.

luckett

looks like somebody skipped econ 101...

http://en.wikipedia.org/wiki/Supply-and-demand

bigsheldy

FALSE

http://www.snopes.com/politics/gasoline/gasout.asp

zoltan944

million man march?

MattS2Turbo

If you don't buy gas from Exxon or Mobil, prices at Shell and the other refiners will just rise. As they supply more gas to people, they need to produce more gas to people, which costs money.

The gas price isn't set at an artifical level, it's based on how much a barrel of crude costs... Which is now at about 75$ a barrel (29$ in 2000) and is expected to rise to 100$ a barrel this summer.

I'm pissed about gas prices too, I put 30 bucks in my S2 and hardly got more than a half a tank today, but the economics won't work. $1.30 a gallon is ridiculous, the companies would go out of business. It simply wouldn't cover the costs of buying/pumping crude and refining it, let alone make them a profit.

Giantviper

This may not work but something seriously has to be done. I do not know what but these prices are rediculous. Where I am in Ithaca New York it just hit 3.00 a gallon for regular at the no name gas stations.

Legoland951

It will work in this way though if everyone boycotted one company. That company WILL GO BANKRUPT and maybe the fewer companies will find it easier to run the oligapoly and control prices. WE ARE SCREWED ANYWAY YOU LOOK AT IT since its an oligapologic industry where the industry has high barrier to enter and monopolistic powers. The only way to kill off the a$$hole companies ripping us off is to AVOID buying gas any way you can by buying more efficient cars or motorcycles eventually go to public transportation. Its one way to cut funding to islamic countries who want nothing more than to kill Americans because we are "infidels". Work from home. Do anything you can and get rid of the idiotic gas sucking SUVs for the urban one person commute in traffic. The idiots at GM and Ford are finding out due to their lack of planning into hybrids and now they are losing billions per quarter. They deserve it because they are STUPID. I am thinking about buying a diesel for my tow vehicle though I rarely use that vehicle anyways. I hate being forced to pay a certain price and as to the "supply and demand" theory, most people don't have a single clue that a monopoly can arbitrarily set the supply curve anywhere on the graph and due to the inelastic nature of the demand curve in the short term, there is not a damn thing we can do about it. If they decide to increase gas to $20 a gallon tomorrow, what can you do about it? Nothing. public transportation will increase in price since their fuel cost goes up. Are you going to start to walk to work or bike? Where will the new competitors come from to supply gas when the cost of entry is in the billions of dollars and will take you a decade to build refineries and supply routes? No competitors? That means gas stays at $20 a gallon.

As to the cost of gas being related to cost of a barrel of oil, know that the cost of a barrel of oil in the open market HAS NOTHING TO DO WITH PRODUCTION COST AND SUPPLY IS ARBITRARILY SET by OPEC and other oil producing countries.

Its easy to throw in the economics 101 phrase but not many people know what the difference between supply (the supply curve) versus quantity supplied at a certain price (what most people understand as the phrase "supply") let alone what the supply curve looks like for a monopoly (dp/dq = 0) and its arbitrarily set anywhere on the graph the monopoly wants it at. The inelastic demand of gas consumption (dp/dq is a negative of a very high number and negative infinity for a perfectly inelastic demand curve) means we will bend over in layman's term.

M Danger

lets give a country and new governtment and accept oil as payment ;-)

Legoland951

We did that, well actually we took over a country and have their oil supply paying for it with lives. Why is the gas price still going up? Maybe we should ask why Bush is holding hands with the prince of Saudi when most of the 9/11 perpetrators are from that country.

Little Porsche Boy

It's not only at the pump that people pay. Take a look at food or anything else that gets delivered to market. Despite what government statistics tell me, it's more expensive to feed and cloth myself and my family. UPS and FedEx are tacking-on fuel surcharges. Commercial trucking companies are tacking on surcharges also. Airline tickets are up 50% over the end of last year. Despite that, there are airlines in bankruptcy left and right. The only airline making a profit is Southwest and it's only doing so because it offsets the high price of fuel with investment profits from its fuel hedging contracts (options). Those companies which cannot tack on fuel surcharges or raise prices are squeezing employees for greater productivity and increased cost cutting. Those employees are taking paycuts, paying more for medical insurance and losing benefits and losing their pensions. All this is what you might see unless you're an oil executive or oil management. Then, you're lining your pockets with stock grants and stock options or doing things like and giving every one of your employees a free Volvo:

http://www.theautochannel.com/news/2...09/003483.html

Legoland951

Well, they have to create "inflation" or the appearance of one in order to justify raising interest rates when in reality, they are trying to keep a real estate bubble from escalating and popping. Its going to be hell for us though since our national debt is at 8.377 trillion dollars and we are funding that debt every year with selling higher interest rate government bonds (we and yes I mean you and your family too are paying that interest to countries like China, who holds the second highest amount of U. S. bonds) because the long term interest rates are going up (notice your adjustable interest rate mortgage going up and prime rate go up along with your credit card payments). Heck, with all the cheap Chinese goods, we should have deflation instead if we didn't have gas prices inflating cost for everything you mentioned in your post Little Porsche Boy.

zoltan944

whatever it is its rediculous. I refuse to beleive anything about crude barrell oil. I can look at major oil companies profits from the last couple years and see the biggest all time increases. Thats not from adjusting to crude oil prices!