may 15 2007 dont buy gas

[bd chambers]

Date: Wed, 2 May 2007 04:27:17 +0000
> "My Fellow Americans or Not" :-) :-)
>
>
>
> "Don't Pump Gas on May 15, 2007"
>
>
>
> I don't know if the information below is true, but it sounds
reasonable and
> possible to me. I paid $303.99 per gallon yesterday at Wal-Mart in
the
> Florida Panhandle (Navarre). Maybe even a couple more "Gas-Free
Purchasing
> Days" would be even better.
>
>
>
> We need to do something to help ourselves. I'm going to do the
following
> and hope it helps.
>
>
>
> Bill
>
> _____
>
>
>
> THIS SOUNDS LIKE A GOOD IDEA TO ME
>
> JENNIE LEE
>
>
>
>
>
> NO GAS...On May 15th 2007
>
>
>
> Don't pump gas on May 15th.in April 1997, there was a "gas out"
conducted
> nationwide in protest of gas prices. Gasoline prices dropped 30 cents
a
> gallon overnight.
>
> On May 15th 2007, all internet users please do not go to a gas
station to
> purchase gas in protest of high gas prices. Gas is now over $3.00 a
gallon
> in some places.
>
> There are 73,000,000+ American members currently on the Internet
network,
> and the average car takes about 30 to 50 dollars to fill up.
>
> If all users did not go to the pump on the 15th, it would take
> $2,292,000,000.00 (that's almost 3 BILLION) out of the oil companies
pockets
> for just one day, so please do not go to the gas station on May 15th
and
> lets try to put a dent in the American, Middle Eastern and South
American
> oil industries for at least one day.
>
> In addition to loss from gas revenue stations will not be selling
that loaf
> of bread, gallon of milk, six pack etc.
>
> If you agree, resend this to all your contact list. With it saying,
''Don't
> pump gas on May 15th"
>

[bd chambers]

come on america
lets trip them up
24 hrs can do some good

[Charlie P]

Tell me how it will do some good,you'll just buy it the day before or after.

[bd chambers]

reduce the demand will increase supply thus lowering price, its ok not everyone can think the dems love folks like you charlie p.

[Charlie P]

You call what your do9ing thinking? That's a good one. A one day boycott will not lower demand except for that one day, it will increase demand the day before and after the boycott day what do you think that might do to the prices? Think hard now.

[bd chambers]

it has already worked you need to think . let god in your heart.
you take your meds?

[Charlie P]

When did it already work? I don't need meds, however your starting to make me wonder if you do.

[bd chambers]

you need to read

[Aught Six]

A one day boycott will never reduce overall consumption, and thus never reduce prices. Not that reducing consumption would do that anyway. We'd probably witness the opposite effect. Now, if we shut the roads and highways so nobody consumes what they've already bought, perhaps there will be a slight blip on the market's radar screen.

The fact of the matter is that the market drives prices. You do away with the market and you've killed American captialism, which is the force that drives our economy and boosts our quality of life.

There really isn't a wholelot that gas buyers can do to change prices, period. As long as you want it, you will pay for it.

[Charlie P]

BD, Please read the above post and tell me where there is any thing that is not factual.

The problem with this part of the boycotters"™ plan is that, just like drivers topping off their gas tanks before and after May 15, refiners work off stockpiles. So if all U.S. refiners bought $624 million less crude oil on Tuesday, they could just buy a little more on Wednesday to bring their stocks back up. Even if they somehow canceled delivery of oil they"™d already contracted to buy, any oil not delivered to U.S. refiners would be sold to other customers.
True, if you suddenly took 10 million barrels of oil off the market for a day, you might knock the spot market price of crude down a notch. But much of the oil sold every day is priced under long-term contracts. So if your 10 million barrels went undelivered for 24 hours, you wouldn"™t change the price that a refiner had already paid for it. Even if, for some reason, that 10 million barrels went unsold, it would still be sitting in the ground with an oil producer's name on it, ready to be sold later "” possibly at a higher, and more profitable, price.
Taxes
About 19 percent of the pump price of each gallon represents taxes. So the next big chunk of cash from a day"™s worth of unsold gasoline "” about $228 million "” would come out of the budgets of federal, state and local governments, not oil industry profits. Since that money is used to pay for programs and purchases that have already been approved, you"™d have to make up the difference by raising other taxes, or cutting spending, or some combination.
Refining
Now comes the part that makes most would-be boycotters see red: the refiners' cut. Another 19 percent of our $1.2 billion in daily gasoline purchases pays for the cost of making the gasoline, including the refiners"™ profits. That money also goes to pay refinery workers"™ salaries, new equipment, maintenance and all the other costs of running a business.
So just how much goes to "œline oil refiners"™ pockets?"� According to researchers at the investment firm Friedman, Billings and Ramsey, the average profit margin for converting a barrel of crude oil into gasoline in the first quarter of this year came to $15.75 "” or about 37.5 cents per gallon. (In the oil patch, there are 42 gallons in a barrel.)
With gas prices at $3 a gallon, that's about 12.5 percent margin, or about $150 million a day "” not a bad profit for a day's work.

rest of the story

http://www.msnbc.msn.com/id/18492185/page/2/