I was listening to the radio today and they were report the sales and profits of the largest corporations. Walmart had the most sales at over 250 billion dollars. Funny though as we all here about how low the margin is on fuel for the companies and here comes Exxon Mobile making the largest profit out of any company in the entire world at over 50 billion dollars. Hmmmmm
My father used to own a Shell Station and I have to tell ytou the quickest way to lose your shirt is to sell gas. The company (Shell) who you have to buy your fuel from knows exactly what you sold every litre for. If the price goes up across the street he would put his up to match and make an extra .4 of a penny for the rest of his tank (he only made about 3 cents a litre). Well, Shell would know instantly that you put your price and and were making a better margin. So what do they do? Take the margin away with the next load of fuel. Happened every time. If the station across the road lowered their price we would have to lower as well....sometimes we lost money (ie, we were helping people (paying out of our pockets) to put fuel in their vehicles) do you think Shell would help us out? Heck no...they have profit margins to keep. I remember one year in July (usually the best month for fuel sales) we lost $7000 because of the companies price gouging. So in fact we put $7000 worth of gas in peoples cars out of the goodness of our hearts.
The problem with a boycott of a particular company is that it would put a small ma and pa gas station out of business in no time. The only thing they make money on is the cigarettes and the pop and chips. When it came time to renew the contract with Shell we told them to shove it up their ^&^*es. We left and warned anyone else who even considered investing in the station what happened. The station never opened again and it was one of the top stations in Northern Ontario. hehe.
I have no sympathy for large corporations like that and less for OPEC. The only thing that is good about the price of oil is Alberta. And yes, the largest importer of oil to the States is Canada (you are right, it is not well known).
I am not a bitter person....really.... The price of gas in Halifax is 85.9 cents a litre and we refine the stuff right here!!!!!
1992 Bonneville SSEi
White, grey Leather interior.
Tinted windows and blackouts on headlights.
Custom high flow exhaust, Everything replaceable - DONE
300 000 kms original engine, tranny 2 rebuilds.
Playboy Bunnies Embossed in Tint. Oh Yah!
Ever Seen a Polar Bear in a Snow Storm?