I received a email that claims since Exxon and Mobile are owned by the same company, we could buy gas from anybody but them and it would force them to bring the price down or flop. They are the largest refinery so they will do what it takes to keep there company afloat. If they lower their price, the other companies have to follow suit. Avoid there pumps until it gets under a $1.50 gallon and supposedly the market would go back down. Let it keep going and we will be up to $4.50 next summer after this one coming.

I don't know if it would work, but it sounds like it would. What yall think?

well, seems to me that it wouldn't work too well, since if they were to lose busines like that, they'd just jack up prices to keep the profits up and the investors happy, all the other companies would, too- just because they could- and we'd all end up getting screwed even worse at the pumps.
gotta love the "free market" concept when it allows stuff like this to happen.

Their retail business may go down, but the refineries will still be selling what they are making.

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

You want to bring gas prices down us less of it, or allow drilling in our country. Less demand more supply, lower prices. More of our own supply, same demand, lower prices.

ANYTHING ELSE US BS!

agree with ScottB --- simple economic law of supply and demand that has been a tenant of the free market economy for hundreds of years --- reduce the demand (and consumption), the supplies will go up and the price will go down; however, in today's society the practical application of that concept is simpler said than done

I received a email that claims since Exxon and Mobile are owned by the same company, we could buy gas from anybody but them and it would force them to bring the price down or flop. They are the largest refinery so they will do what it takes to keep there company afloat. If they lower their price, the other companies have to follow suit. Avoid there pumps until it gets under a $1.50 gallon and supposedly the market would go back down. Let it keep going and we will be up to $4.50 next summer after this one coming.

I don't know if it would work, but it sounds like it would. What yall think?

I think it might start a little buzz over at Exxon but in no way would a "gas-out" like this carry enough weight to cut gas prices practically in half.

Wishfull thinking? Who do you think supplies the independents? If they couldn't sell enough there they would sell to other oil companies. For as long as I have been around all of the oil companies sell amoung themselves to cover times when they have production problems or just need more of one product.

If anything the price would go up.
If company A supplies 40%, B 30% C 30% Cutting off either B or C or both means A needs to some how come up with 30 to 60% more product for the increased demand. What do you think company A can just tell Enrique to turn up the tap? Company A will draw from B & C to fill the demand. Since A doesn't already have a supply chain setup with B & C the price will increase to cover the extra costs to transport the extra fuel.

Unless China and the other previously non-competitive countries reduce their intake, the prices simply will not go (appreciably) down due to supply and demand. China is now using 6 times what they did previously. Other countries have increased their usage as well. 3.00 per gallon is not going to go away, and I still think 4.00 is going to be the new benchmark for a gallon of gas in the US. Summer prices will hover around 5.00 in some parts, and be in-between 4-5.00 per gallon in other places.

As always, I'll be happy (and thankful) to admit I am wrong when the prices stabilize, or come back down. :)

I think a more prudent action plan would be for all of us to reevaluate our "daily driver" purchases. All day long, all I see are the v8 pickups, SUV's & mimi vans sucking down gas at the rate of what--9 to 18 mpg. Unless our source of income absolutely requires that we drive a gas guzzler, let's all agreed to buy daily driver vehicles that get 30+ mpg. If we all worked together, we could save lots of gas for our passion of driving muscle cars on sunny days. Are you with me? Charlie

I think a more prudent action plan would be for all of us to reevaluate our "daily driver" purchases. All day long, all I see are the v8 pickups, SUV's & mimi vans sucking down gas at the rate of what--9 to 18 mpg. Unless our source of income absolutely requires that we drive a gas guzzler, let's all agreed to buy daily driver vehicles that get 30+ mpg. If we all worked together, we could save lots of gas for our passion of driving muscle cars on sunny days. Are you with me? Charlie


Ahhh.......... no. :D I have cut my driving by nearly 40%, there's my contribution. Not going to spend more money to buy an econobox that's no fun to drive.

Nothing wrong with your idea at all, but I opted to lower my driving a bunch instead of swapping rides. And my gas bill is over $3K per month, so I do care about the prices!

Jody