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Having some control over gas prices...

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Old 03-22-2004, 01:26 PM
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Nope, just a few dedicated people with a LOT of people on their mailing lists

You'd be surprised how fast stuff like this can spread...people eat stuff like this up, especially with the potential of saving money

--Christine
Old 03-22-2004, 01:26 PM
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Originally Posted by BonneMeMN
I'm not arguing on whether the plan would work. It does work. But getting people to do it over a long enough time, and in enough areas is my point.

Economically it'* a very sound plan, but it'd cost a lot just to get everyone going on it
That I'll agree with. In the perfect world where everyone would care, would get the word and would participate, it would work. *But* this isn't a perfect world, so in theory it would work, in practice, probably not.
Old 03-22-2004, 01:29 PM
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Originally Posted by Princess Jeanie
Originally Posted by BonneMeMN
I'm not arguing on whether the plan would work. It does work. But getting people to do it over a long enough time, and in enough areas is my point.

Economically it'* a very sound plan, but it'd cost a lot just to get everyone going on it
That I'll agree with. In the perfect world where everyone would care, would get the word and would participate, it would work. *But* this isn't a perfect world, so in theory it would work, in practice, probably not.
it worked here in MI on a state level at one point...actully made the government decide to put in an anti-price gouging law.
Old 03-22-2004, 01:29 PM
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Originally Posted by Princess Jeanie
Originally Posted by BonneMeMN
I'm not arguing on whether the plan would work. It does work. But getting people to do it over a long enough time, and in enough areas is my point.

Economically it'* a very sound plan, but it'd cost a lot just to get everyone going on it
That I'll agree with. In the perfect world where everyone would care, would get the word and would participate, it would work. *But* this isn't a perfect world, so in theory it would work, in practice, probably not.
Worth a shot though, isn't it Even a small few can make a difference sometimes. What've you got to lose?

I personally spend at least $20 in gas a week...get 50 people like me, that'* $1000 a week, and $4000 a MONTH. Stretch that out over a couple of months. They'll start to hurt, even if it'* just a little, they'll notice it.

--Christine :P
Old 03-22-2004, 01:42 PM
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The way to get people to do it, is to DO it yourself. I'm on it. Who'* with me? All it takes is a few emails. I'll post my email about the Exxon/mobil attack later today so you can all read it.
Old 03-22-2004, 02:00 PM
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Originally Posted by willwren
The larger companies have more sway with OPEC. If you don't buy gas from them, they will have to lower their prices. The other companies will have to follow suit to keep competition even.

Many of you don't remember the 'gas crunch' of the 70'*. I do. This is one idea that will work.
A couple more points;

The US imports more petroleum and related products from Canada than from any other supplier - including Saudia Arabia.

I don't believe that any gasoline is purchased from the Middle East. Most is refined in the US with some purchases from Venezuela and Brazil.

The US dollar has declined at least 20% versus other majour currencies. If you look at the price of a barrel of oil in Euros over the past year, the price has changed little.

There has been no new refineries built in the US in the past 20 years.

US demand for gasoline is at record levels.

US refineries recently took downtime to perform regularly scheduled maintanence. Since then, while changing the mix of distilates produced away from heating oil towards building gasoline inventories, production has in fact declined by about 1.5% to about 85% capacity utilisation.

If the plan is to avoid one company in the hopes driving down prices it'* effects will be muted and short lived. Since there is only so much refining capacity available, if you stop buying from X to buy from Y, Y will not have enough capacity to meet demand and will need to purchase wholesale from X.

Refining is a low margin business that has a very hard time earning its cost of capital over the life of the plant. If you look at the financial results of the integrated producers you'll see that their downstream operations ( gasoline distribution and retail ) are their weakest areas. If it weren't that gas stations were selling coffee and donuts and the like there would be far fewer of them around if they lived off the profits of gas.

When you consider the decline of the dollar, record levels of demand, a capacity constrained industry with an ever complex regulatory environment - ultimately you will be paying considerably more for gasoline in the near future unless demand is curtailed meaningfully - not just a matter of playing a shell game.

BTW - last time I was in England (I was born there) 3 years ago, it cost me $67 US to fill a VW Jetta.

Cheers,
Old 03-22-2004, 02:01 PM
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Originally Posted by willwren
The larger companies have more sway with OPEC. If you don't buy gas from them, they will have to lower their prices. The other companies will have to follow suit to keep competition even.

Many of you don't remember the 'gas crunch' of the 70'*. I do. This is one idea that will work.
I remember hearing about it with the long lines and coupons, etc. The only gas I put in my cars is Exxon. I don't want to support the small independent foreigners here because I don't trust the quality of their product. My only choices are: Exxon, Shell, BP/Amoco.
Old 03-22-2004, 03:25 PM
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Everyone needs to run Synthetic oil, this could help Also helps the environment because it'* not Dino Oil.
Old 03-22-2004, 05:32 PM
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I usually like to get my gas from Sonoco, seems to be some damn good gas!
Old 03-22-2004, 06:50 PM
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Originally Posted by willwren
The way to get people to do it, is to DO it yourself. I'm on it. Who'* with me? All it takes is a few emails. I'll post my email about the Exxon/mobil attack later today so you can all read it.
I'm with you!!! I'm going to send out a mass email once I get it too.

--Christine


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