Hey folks,
Are we sick of the summer gas hikes? I sure am and we can do something about it!!! ($3.10/gal today here)
Exxon/Mobile is the largest supplier in the US. If we stop buying gas from them period, they will soon lose market share and revenue and have to drop prices. When they drop the price and other suppliers will soon follow suit.
If each of us passed this info to 5-10 people, in a matter of weeks, this could reach millions of people. It's time the oil companies learn that buyers dictate the prices they are willing to pay for fuel and not the suppliers.
THINK We have power in our wallets and it's high time to vote with our wallets.
What say you all? USFLAG
Swez
Replies (8)
gearhead on 05/2/2007 23:39:04
Unfortunately............................All Exxon/Mobil will do is sell "their" gas to the other stations. The gasoline you buy from the Exxon station comes out of the same storage tank at a "tank farm" as the gasoline you buy from the BP station. The gasoline you buy from the BP station comes out of the same storage tank at the "tank farm" as the gasoline you buy from Billy Bob's Quickee Mart. Gasoline is a commodity. All of the gasoline producers use the same pipelines to "ship" their product. Exxon, BP, Murphy Oil, Shell, etc., will put 100,000gals each into the pipeline. They will each draw 100,000gals out of the pipeline at some other point. There's no way to determine who's gasoline is who's in that pipeline. The only difrferences in gasoline brands are the additive packages, which are put in when the tank truck that delivers to the stations loads at the tank farms. I used to work for a major tank truck company that hauled a LOT of gasoline.
swez on 05/3/2007 08:11:58
Hum, that just put a big hole in this idea huh? Dang... and now that I think about it, you are absolutely right. Gasoline is a commodity and as such, supply/demand will often control the price too. (No matter who's name is on the pumps)
Yeah, have seen fuel depots before and they just have those huge storage tanks and tanker trucks of all stripes come and go as they deliver and refuel. What you said makes perfect sense.
I dunno, it just hacks me bad when summer comes and we have to pony up a $50.00 bill, (Or more if one has a large truck) to fill the tank. Then after Labor Day, the prices drop back to a nominal $1.75/gal.
Hey, how many gallons can a typical tanker truck carry anyway? (10,000 gallons or so is what I have read) Hum, that's about $30,000 at the pump prices in todays' market. Of that, the retailer gets what... maybe 2-4 cents per gallon in profit after expenses?
Swez
jamesp on 05/3/2007 08:42:16
Yep, it sux. The additive packages are added to the fuel by the distributors, sometimes at thier bulk plants. My wife has a friend that owns a local ...used to be Amaco distributorship. They also own many of the stations(convienience stores) that sell thier gas. Now they are either BP or private label (same fuel) Until recently they actually had 3 grades of fuel but have recently begun mixing the 87 octane and the 93 octane for thier mid grade. It is now done at almost all stations. Fewer in ground tanks to deal with.
They make the profit on both ends since they wholesale the fuel to thier stores which then retails the fuel to end users. She says that there is less than a 10 cent net profit per gallon and Regular is often a loss leader to get people in the stores to buy cigs, beer and ice and the profit on the beer and ice just covers the utility bills to run the refridgeration to keep it cold. Mom and pop stores cant even net a nickle per gallon unless they are in remote(from competition) locations.
This oil company(distributor) is 3rd generation family owned and has historically been a money making operation but they are crying the blues these days. One customer that drives off w/o paying steals the profit oh 100's of gallons. The marketplace is brutal and not for the faint of heart..Makes me glad that someone else is writing my paycheck these days...I can sleep at night. I just cant fill my cars up with gasGRIN FROWN USFLAG
gearhead on 05/3/2007 09:18:56
Since this is OT, I'll go even further OT. I don't mind paying for high gas prices as much as I hate paying ridiculous insurance premiums. My homeowners policy just doubled, from $1100/yr to $2200/yr. for LESS coverage. Why? Because I live in LA (no, not L.A.). I'm not in a flood zone, I've never filed a claim, my house has never been damaged. Do you know that the insurance industry is also meking record profits? Do you know they made record profits in 2005 & 2006, even after taking the Katrina & Rita claims into account? They continually raise their rates while, at the same time, reducing their exposure and liability. Percentage wise, their profits are greater than the oil companies, if I'm not mistaken. The problem is, you CAN'T boycott the insurance companies if you're the average guy. Financial responsibility is required to legally operate a motor vehicle on public roads. For 99% or people, that means inasurance. If you finance your home, the lending instution requires homeowners insurance.
swez on 05/3/2007 14:51:09
Feel your pain pal...
Have you ever driven past a larger Insurance Company's Corporate Campus? (Allstate, State Farm or similar) Their complexes are on huge plots of well manicured land. They don't produce a single product and there is no manufacturing needed on the whole property. They just have huge office buildings for accountants, managers and regional sales and support staff.
Basically, it's a huge paper eating wasteland that looks nice enough to build a fine calibur golf course on, along with the other ammenities. Yeah, come to think of it, I played a few of those courses and paid a pretty penny for it too. How's that for irony?
Swez
jamesp on 05/3/2007 19:11:46
30Hertz on 05/3/2007 20:41:51
I'd gladly take $3.00 a gallon right now. Yes its high still but where I'm at in Cali, its $3.50 and rising. Even when its the off season were still forking out $2.50 a gal.
Gas companys are full of :edit: in my opinion.
swez on 05/4/2007 06:23:55
That's terrible... the East and West Coasts get hit pretty hard. Here's what we see in the Detroit area this week: (97 Octane Reg)
Monday: $2.89
Tues: $2.93
Wed: $2.99
Thurs: $3.19
Who's zommin' who?
Swez
One year ago: $2.82
Are we sick of the summer gas hikes? I sure am and we can do something about it!!! ($3.10/gal today here)
Exxon/Mobile is the largest supplier in the US. If we stop buying gas from them period, they will soon lose market share and revenue and have to drop prices. When they drop the price and other suppliers will soon follow suit.
If each of us passed this info to 5-10 people, in a matter of weeks, this could reach millions of people. It's time the oil companies learn that buyers dictate the prices they are willing to pay for fuel and not the suppliers.
THINK We have power in our wallets and it's high time to vote with our wallets.
What say you all? USFLAG
Swez
Replies (8)
gearhead on 05/2/2007 23:39:04
Unfortunately............................All Exxon/Mobil will do is sell "their" gas to the other stations. The gasoline you buy from the Exxon station comes out of the same storage tank at a "tank farm" as the gasoline you buy from the BP station. The gasoline you buy from the BP station comes out of the same storage tank at the "tank farm" as the gasoline you buy from Billy Bob's Quickee Mart. Gasoline is a commodity. All of the gasoline producers use the same pipelines to "ship" their product. Exxon, BP, Murphy Oil, Shell, etc., will put 100,000gals each into the pipeline. They will each draw 100,000gals out of the pipeline at some other point. There's no way to determine who's gasoline is who's in that pipeline. The only difrferences in gasoline brands are the additive packages, which are put in when the tank truck that delivers to the stations loads at the tank farms. I used to work for a major tank truck company that hauled a LOT of gasoline.
swez on 05/3/2007 08:11:58
Hum, that just put a big hole in this idea huh? Dang... and now that I think about it, you are absolutely right. Gasoline is a commodity and as such, supply/demand will often control the price too. (No matter who's name is on the pumps)
Yeah, have seen fuel depots before and they just have those huge storage tanks and tanker trucks of all stripes come and go as they deliver and refuel. What you said makes perfect sense.
I dunno, it just hacks me bad when summer comes and we have to pony up a $50.00 bill, (Or more if one has a large truck) to fill the tank. Then after Labor Day, the prices drop back to a nominal $1.75/gal.
Hey, how many gallons can a typical tanker truck carry anyway? (10,000 gallons or so is what I have read) Hum, that's about $30,000 at the pump prices in todays' market. Of that, the retailer gets what... maybe 2-4 cents per gallon in profit after expenses?
Swez
jamesp on 05/3/2007 08:42:16
Yep, it sux. The additive packages are added to the fuel by the distributors, sometimes at thier bulk plants. My wife has a friend that owns a local ...used to be Amaco distributorship. They also own many of the stations(convienience stores) that sell thier gas. Now they are either BP or private label (same fuel) Until recently they actually had 3 grades of fuel but have recently begun mixing the 87 octane and the 93 octane for thier mid grade. It is now done at almost all stations. Fewer in ground tanks to deal with.
They make the profit on both ends since they wholesale the fuel to thier stores which then retails the fuel to end users. She says that there is less than a 10 cent net profit per gallon and Regular is often a loss leader to get people in the stores to buy cigs, beer and ice and the profit on the beer and ice just covers the utility bills to run the refridgeration to keep it cold. Mom and pop stores cant even net a nickle per gallon unless they are in remote(from competition) locations.
This oil company(distributor) is 3rd generation family owned and has historically been a money making operation but they are crying the blues these days. One customer that drives off w/o paying steals the profit oh 100's of gallons. The marketplace is brutal and not for the faint of heart..Makes me glad that someone else is writing my paycheck these days...I can sleep at night. I just cant fill my cars up with gasGRIN FROWN USFLAG
gearhead on 05/3/2007 09:18:56
Since this is OT, I'll go even further OT. I don't mind paying for high gas prices as much as I hate paying ridiculous insurance premiums. My homeowners policy just doubled, from $1100/yr to $2200/yr. for LESS coverage. Why? Because I live in LA (no, not L.A.). I'm not in a flood zone, I've never filed a claim, my house has never been damaged. Do you know that the insurance industry is also meking record profits? Do you know they made record profits in 2005 & 2006, even after taking the Katrina & Rita claims into account? They continually raise their rates while, at the same time, reducing their exposure and liability. Percentage wise, their profits are greater than the oil companies, if I'm not mistaken. The problem is, you CAN'T boycott the insurance companies if you're the average guy. Financial responsibility is required to legally operate a motor vehicle on public roads. For 99% or people, that means inasurance. If you finance your home, the lending instution requires homeowners insurance.
swez on 05/3/2007 14:51:09
Feel your pain pal...
Have you ever driven past a larger Insurance Company's Corporate Campus? (Allstate, State Farm or similar) Their complexes are on huge plots of well manicured land. They don't produce a single product and there is no manufacturing needed on the whole property. They just have huge office buildings for accountants, managers and regional sales and support staff.
Basically, it's a huge paper eating wasteland that looks nice enough to build a fine calibur golf course on, along with the other ammenities. Yeah, come to think of it, I played a few of those courses and paid a pretty penny for it too. How's that for irony?
Swez
jamesp on 05/3/2007 19:11:46
30Hertz on 05/3/2007 20:41:51
I'd gladly take $3.00 a gallon right now. Yes its high still but where I'm at in Cali, its $3.50 and rising. Even when its the off season were still forking out $2.50 a gal.
Gas companys are full of :edit: in my opinion.
swez on 05/4/2007 06:23:55
That's terrible... the East and West Coasts get hit pretty hard. Here's what we see in the Detroit area this week: (97 Octane Reg)
Monday: $2.89
Tues: $2.93
Wed: $2.99
Thurs: $3.19
Who's zommin' who?
Swez
One year ago: $2.82
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