Are gas pump prices holding you hostage?
Soaring gas prices should be a concern to every person in the world. It is our firm belief that the major oil companies in the world are working hard to elicit the fear that gas resources are running out. It is simply not true. Yes, oil is becoming more difficult to find. Yes, the oil that is remaining is more difficult to drill. But is oil becoming scarce? No. These theories and many like them are being perpetrated by greedy oil companies that are looking to steal more money from that hard working folk.
What can we, the general consumer, do about the sky rocketing gas prices?
We have heard many people have suggesting a protest against the major oil companies could be affective. We feel that positive action must be taken by the citizens of this planet, to effectively fight this unfair business practice. A very interesting solution that could make an effective protest would be month long boycotts of specific oil companies. Each month a randomly selected oil company would be subject to a ban. What better way to show your disapproval of the unfair oil pricing then boycotting Chevron for example for a whole month. Do you think the executives of Chevron might get the point if 5 million people in North America boycotted their service stations? 5 million people not buying gas, bread, milk, pops, chips, or even getting their cars washed would make a big impact. A month long ban of all Chevron products is sure to make the big wigs take a second look at the numbers. How many businesses can afford to have a large part of their cliental stop coming in for a whole month?
We want to hear your thoughts on this matter too.
How can oil companies justify increases in oil pricing? Oil companies are making record profits and we, the consumer, are forced to pay the price. Can Exxon make record profits and honestly say that refining costs have gone up and prices need to go up as a result? Have a read of this article:
“With $339.9 billion in revenue and profits of $36.1 billion, Exxon earned more than any U.S. company in history last year—more than the profits of the next four companies on the FORTUNE 500 combined.
Exxon’s return to No. 1 caps its emergence as not only the biggest but also the most powerful U.S. corporation by just about any metric. Last year it surpassed General Electric to become the most valuable U.S. company by market capitalization ($375 billion). It pumps almost twice as much oil and gas a day as Kuwait, and its energy reserves stretch across six continents and are larger than those of any nongovernment company on the planet.”
CNN.com