posted on Apr, 19 2008 @ 10:54 PM
Might work for a while, but it would take everyone participating in the boycott and then as soon as you start buying again, the prices will go back
up. Plus, you'd have to be careful to hit the corporate stations. Many gas stations are owned and operated by local folks who simply have an
agreement to buy gas from a supplier. In return they get a discount (usually already passed on through competition) and the right to use a well-known
insignia (Chevron, Exxon, Texaco, etc.). Should you manage to get a boycott on these types of stations, all you will do is drive them out of business
and lower the competition among the other stations in town so there is less reason for them to lower their prices.
I hate to say it, but the only way to lower prices substantially is through governmental regulation of the oil companies. For instance, a cap on the
amount of profit per gallon of product, meaning to increase profits they must increase sales, which in turn would require lower prices. I doubt anyone
in the DC area is planning on allowing that little bomb to go off anytime in the near future.
Dropping the Federal taxes would drop the price by a few cents per gallon immediately, but it would also strain an already struggling Federal deficit.
Stopping speculators (who are largely responsible) is another idea, but that would require a regulation on who could buy/sell crude oil and therefore
strangle any possible alternate refinery methods or new competitors in the industry.
We just have too many greedy hands in the oil barrel at the same time, and it's gonna be a bear to get them out of the way of a truly free market.
P.S.: Just remembered you are in Canada, so sorry for the US references. The same thoughts should be valid, however, just insert the proper
[edit on 19-4-2008 by TheRedneck]