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== Guerilla Gas Gouging Solution ==

Discussion in 'Off Topic Threads' started by GW22, Feb 25, 2011.

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  1. GW22

    GW22 Active Member

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    Just like last time gas prices shot up toward $4, there's no legitimate justifiable reason whatsoever. It's just speculation, manipulation and old fashioned gouging.

    And once again, the government will not do anything about it. So we need to do it ourselves. Here's how:

    Mass retaliation. Just like a swarm of ants bring down a scorpion, all we need to do is work together to TARGET AND BANKRUPT ONE LARGE OIL COMPANY or GAS STATION CHAIN by agreeing, en masse, to never buy from that one company again. Let's say we pick BRAND-X. If we used social networking like they did in Egypt, we could whip-up the enthusiasm and peer pressure to get everyone to stop buying BRAND X gas on, say, March 15th. Sure, a few idiots would go there to buy the cheap gas they would offer in an attempt to counter the attack, but if 75% of the people had the brains to stick together and mass-boycott, BRAND X's revenue stream would collapse. Their stock price would plummet and they would be bankrupt in a matter of weeks.

    This would quickly get the attention of all other brands and they would happily go back to making reasonable profits. Speculation would lose it's attraction and market forces would rule the day. If any company started making excess profits in the future, stockholders would remember the lesson and start selling. Fair prices and reasonable profits would become the norm -- naturally.

    This would definitely work, but unfortunately it will definitely never happen. People in general are too DUMB to realize the power they collectively possess and too DUMB to work together for the good of everyone. And that's a shame, because we could fix the whole high gas price problem before the first day of summer.

    -Gary
     
  2. GW22

    GW22 Active Member

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    Rick: Huh? No country on the planet guzzles more gas than the U.S. We could bankrupt any oil company we choose by simply causing their U.S. revenue stream to collapse and their stock price to plummet. And it would all happen in just a few weeks.

    -Gary
     
  3. shelly

    shelly TS Member

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    Gary, brilliant and original idea and I'm right behind you- give em hell while singing Shania Twain songs. How about "I gotcha good"?
     
  4. ou.3200

    ou.3200 Well-Known Member

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    Bankrupting an oil company is not the answer. It would create less competition not more and give the remaining oil companies more pricing power. What is needed is for the Obama administration to issue the drilling permits in the Gulf of Mexico as the Federal Court has ordered. The government has placed many of the areas that hold known oil off limits to drilling making it impossible to domestically produce oil that we have here at home. George Bush approved drilling in the Gulf and oil prices dropped almost immediately.
     
  5. BFJ201

    BFJ201 TS Member

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    The whole problem with this plan is it just doesn't work that way. Just because a gas station is branded Exxon does not mean that they are a) owned by Exxon or b) that they even actually sell gasoline produced by Exxon. Also in a given region if an Exxon refinery is the only refinery in the area every gas station in that area, no matter what the brand, is selling gasoline produced by that Exxon refinery. Most gas stations are independently owned just have licensing agreements with the oil companies. Of course I'm just using Exxon as an example, all of the oil companies have a similar business model.

    James Allen
     
  6. halfmile

    halfmile Well-Known Member

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    Drill, Baby, Drill.

    HM
     
  7. TEXASZEPHYR

    TEXASZEPHYR Member

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    To really hurt the petro industry, we'd have to stop buying lots of things. They produce a whole lot more than just gas and diesel fuels such as polyester products for our clothes and many other chemicals, The fibre glass epoxies used in our boats are petro based, our fertilizers and lots of other chemicals. It would take a lot more than stoping the flow of gasoline to hurt the major oil companys into bankruptcy.


    Bob
     
  8. W.R.Buchanan

    W.R.Buchanan Member

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    Gary: This same idea comes everytime gas prices go up. And everytie nothing happens.

    Your point about Facebook, and Twitter is a valid thought however. The only thing is you need to get people who have massive Facebook and Twitter accounts with literally millions of "friends" to be the ones putting out the call to boycott the targeted outfit.

    If you do it, it will take weeks to gain momentum, if they do it it will take hours!

    Somebody on here must be on Kim Kardashians friends list? Her and her stupid sisters made $65 million last year. Seems like they could stand up and give something back to us that have to endure thier mindless drivel.

    Randy
     
  9. GW22

    GW22 Active Member

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    There are certainly some obstacles to this retaliation concept, and some details to work out, but anyone who doesn't think that a unified consumer attack on a specific oil company could bring it down is incorrect. The sudden impact on their primary revenue stream, which oil companies take completely for granted and have no contingency plans to replace, combined with the plummeting stock prices which would quickly and certainly happen when their shareholders panic and sell off would effectively bankrupt the company in short order. Oil companies have costly ongoing operations and can not turn off their expenditures like a faucet. Before they could react sufficiently they would be destroyed by their own financial obligations and the destruction of their market cap.

    These giant oil corporations might seem omnipotent but I assure you that, at the end of the day, they exist only at the pleasure of the people of the United States. And if we ever resolved to unify and retaliate en masse, the unfortunate target of our wrath would crumble like a house of cards. Even the government stepping-in could not happen fast enough to stop us from bringing down the target if that's what we decided to do.

    -Gary
     
  10. crusha

    crusha TS Member

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    If overall consumption remains the same, you just shift it to different vendors...you ain't going to change the price. It doesn't matter who you buy it from.


    But putting that aside...you want to (let me get this straight)...Lower Prices By Reducing Competition.


    Did I hear that right?



    That's f__ckin' genius.
     
  11. BFJ201

    BFJ201 TS Member

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    <a href="http://www.boycottwatch.org/misc/BPBoycottFails.htm"target="_blank">http://www.boycottwatch.org/misc/BPBoycottFails.htm</a>

    Single brand gasoline boycotts WILL NOT WORK. Plain and simple. The commodity nature of the products just will not allow it. The article above is in reference to the BP boycotts this past summer, but the reasoning is identical.

    The only thing that we as consumers can do that will work to bring gas prices down is to drive more fuel efficient vehicles for fewer miles. Supply is relatively fixed for the moment so demand has to be reduced. Simple supply and demand.

    Of course the idiots (read: criminals - contempt of court) in the administration could also free up some supply by doing what they've been court-ordered to do. They could also lift some of the onerous regulations that the oil companies must clear to build new refineries and the additional capacity would increase supply as well.

    James
     
  12. GW22

    GW22 Active Member

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    Buzz-gun:

    Why are you so condescending? Reducing competition is not the goal, genius. When the targeted company goes bankrupt their means of production and distribution will get bought by other companies. So, other than for a short period, supply will not change. Bankrupting one big company will put fear into oil companies' stockholders so that they don't dare gouge. If they start to gouge, shareholders will bail for fear of another reprisal. What is so difficult about that for you to comprehend?

    BFJ201: The BP boycott was simply not carried out in a unified mannner. Don't fall for the sucker solution of better mileage vehicles. That is only good in a relative sense (i.e. if my car gets better mileage than yours). If you could snap your fingers and cause all vehicles to instantly get triple the mileage, the price of gas would simply triple to make up for the lost revenue.

    -Gary
     
  13. Brian in Oregon

    Brian in Oregon Well-Known Member

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    This idea was tried in the 1970s and never got off the ground. Didn't work then, and it won't work today.

    Back in the 70s gas was being rationed, so people would flock to them merely because they had gas. Today all they'd need to do is drop their price by a few cents a gallon and the sheeple would flock to them.
     
  14. shadow

    shadow Active Member

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    Plain and simple---It will not work. Gasoline is put in a pipeline by numerous refineries and shipped to terminals across the U.S. It is not branded until a distributor dumps it into the tank of the service station. The gas in your vehicle may have been refined by BP, but is now branded by Shell,etc.
     
  15. oz

    oz Active Member

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    the stock market sets the prices. you have to bankrupt the stock market. this is impossible because obama will bail them out again. congress has to watchdog and sanction the stock market. oz
     
  16. quartering

    quartering Active Member

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    why don't you start with $2b starbucks, just to see if you have the organizational and tweeting skills, before you attempt the shot at $400B exxon? good luck with it
    btw, is there a chance that your success could drive the cost of shot shells up?
     
  17. capvan

    capvan Active Member

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    The bickering in this thread is the prime example of why this scheme would never work. Americans can NEVER agree on anything as a large group. From Vermont town meetings to the US Congress, it's always fight, fight, fight. The United States of America is far from united...
     
  18. GW22

    GW22 Active Member

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    BINGO!!! Capvan hit the nail right on the head. I said up-front that this will not work. It definitely WOULD work, but it won't only because modern-day Americans are just too DUMB to join together and use the power sitting in their own two hands...

    Look at some of the posts above for superb examples of people eager to explain why the earth is definitely flat:

    1) "It would create less competition not more and give the remaining oil companies more pricing power." Dead wrong. Again, when the targeted company goes bankrupt their means of production and distribution will get bought by other companies. So, other than for a short period, SUPPLY WILL NOT CHANGE. What WILL change is that the executives will be forced to set prices based on fair profitability rather than opportunistic price gouging. I have been in corporate meetings, as I'm sure many people on this forum have, when company executives have said something like this: "Forget margin -- WHAT PRICE WILL THE MARKET BEAR?" There's nothing wrong with that if you're selling a TV, a trap gun or an iPad. But when you are selling an absolute necessity like gasoline (oil) or medicine, this kind of "what will they pay?" pricing among all the oil companies is COLLUSION and it is illegal. The government will not stop it because big oil greases them well and beause many of them are shareholders themselves. Only the PEOPLE can stop it.

    2) "It didn't work in the 70s so it can't work now." Technology and the stockmarket are dramatically different now. Plus OPEC is not as unified an powerful over us as they were in thre 70s. Most of our oil comes from Canada. Stockholders are more panicky, as they should be after all the crooked dealings. This makes the comapnies VULNERABLE to a consumer attack.

    3) "Gasoline is put in a pipeline by numerous refineries and shipped to terminals across the U.S. It is not branded until a distributor dumps it into the tank of the service station." This is true, but meaningless. It can not stop the plan from working if the people were unified. Big oil companies have their own distribution -- gas stations -- and if those gas stations are suddenly cut-off from supplying 3/4 of their usual revenue the parent company will crumble quickly BECAUSE THE STOCKHOLDERS WILL PANIC AND SELL, SELL, SELL. Once the market cap implodes, the company will be ruined.

    4) "Today all they'd need to do is drop their price by a few cents a gallon and the sheeple would flock to them." Brian is exactly right on this one. That's how DUMB the sheeple are these days. They would rather think negatively and save $5 for sure today than pay a little more now and save hundreds of dollars in the next year.

    Wouldn't America be heavenly if so many Americans weren't too dumb to use the power to which they have access?

    -Gary
     
  19. Bisi

    Bisi TS Member

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    Gary, I'm already boycotting "Casey's General Store" down the street, because they charged me for the price of a Slurpee when I only got a fountain drink. So if you get your boycott going I suggest you start with them so I won't have to change.

    And let's pick a lead or shell company to boycott too so we can get the price of lead and shells down. I'll boycott all the lead suppliers other than Lawrence, till the others go out of business.
     
  20. GW22

    GW22 Active Member

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    I hear ya, Bisi. That kind of small-minded selfishness is exactly what allows us to be taken advantage of.

    -Gary
     
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