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STUPID GAS PRICES!!!!

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Old May 22, 2008 | 07:03 PM
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JasonA
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Default RE: STUPID GAS PRICES!!!!

ORIGINAL: chris1974

I read an article a couple of weeks ago, that says if Americans can come together and not buy gas from one certain oil company (for instance, Shell), and we all bought our gas from someone else, that Shell would have to drop thier prices to bring business back. It makes sence, but getting everyone to come together and do it is another story...
Recall that Shell (or any one company) is just a part of the fuel market. By boycotting one company for a day, a week, or a month, you're not changing any market factor. You're simply shifting demand from one producer to the other, which in turn, would raise the product prices from the producers from which you ARE buying. So the price of Shell gas might then be lower than Exxon...but it won't be because Shell dropped their prices -- it'll be because Exxon raised theirs.

The only way to lower your expenditure on petroleum is to use less of it.
 
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