5-15-07 is Don't Buy Gas Day - Wrestling Forums : WWE, TNA, ECW, E-Fed, Wrestlemania, Live Wrestling Streams

Dakstang · 05-04-2007, 05:34 AM

I heard this from one of my professor's in school. This is going to be a national thing. So buy your gas on the 14th or the 16th but not on the 15th if it all possible.

Gas prices are at an all time high in a lot of areas and this has made a difference before. In 1997 a similar thing occured with a lot of people not buying gas that day and it hurt the oil company's profits so much that they dropped the price of gas by 30 cents a gallon the next day.

Just thought I would get that out there. Spread the news if you want.

Crockerinho · 05-04-2007, 08:09 AM

But whats the point of a no gas day if people are going to buy the gas they need on the 14th and 16th?

Gigglypuff · 05-04-2007, 08:33 AM

Yeah, surely their profits will increase on the 14th and 16th, covering the loss for the 15th? Just a thought.

Inogenius · 05-04-2007, 08:39 AM

This is dumb. I'm filling up on the 15th.

Beaker · 05-04-2007, 05:25 PM

This is all over myspace. The money they make in one day is like 330,000,000 or more, I'm guessing way more. oh well

Inogenius · 05-04-2007, 05:36 PM

Exxon-Mobile made 11 billion I think last year, so this would be their profit in one day ...

30,136,986.30

Damn, I need to start a business like that.

CrasH - X · 05-04-2007, 05:36 PM

Yeah there's a group made for this on Facebook.

Joseph T. Cool · 05-04-2007, 05:38 PM

Quote:

Originally Posted by Dakstang

Gas prices are at an all time high in a lot of areas and this has made a difference before. In 1997 a similar thing occured with a lot of people not buying gas that day and it hurt the oil company's profits so much that they dropped the price of gas by 30 cents a gallon the next day.

It may have went down then but I don't consider that a victory when it's up even higher now.

One day is not going to mean much to the oil companies, imo.

I have to agree with Terry on this one.

Inogenius · 05-04-2007, 05:40 PM

Quote:

Originally Posted by Joe Cool

It may have went down then but I don't consider that a victory when it's up even higher now.

One day is not going to mean much to the oil companies, imo.

I have to agree with Terry on this one.

If I remember, in 1997 wasn't gas only like $1.10?

I think this is the highest it's been since I've been alive, so I really question whether this "boycott" from 1997 is really true, or if it's like all the other hoax's out there.

Inogenius · 05-04-2007, 05:42 PM

As I suspected ...

Quote:

omments: Wrong, wrong, wrong.

1. There was no nationwide "gas out" in 1997. There was one in 1999, but it didn't cause gas prices to drop 30 cents per gallon overnight. In fact, it didn't cause them to drop at all. Despite the popularity of the email campaign, the event itself attracted scant participation and was completely ineffectual.

2. There are over 205 million Internet users in the United States, far more than the 73 million claimed.

3. If, say, a hundred million drivers refused en masse to fill up their tanks on May 15, the total of what they didn't spend could amount to as much as $3 billion. However, it doesn't follow that such a boycott would actually decrease oil companies' revenues by that amount, given that the average sales of gasoline across the entire U.S. is under $1 billion per day in the first place.

4. Whether the total impact was a half-billion, 3 billion, or 10 billion dollars, the sales missed due to a one-day consumer boycott wouldn't hurt the oil companies one bit. Think about it. Every single American who doesn't buy gas on Tuesday is still going to have to fill up their tank on Wednesday, Thursday, or Friday, making up for Tuesday's losses. Sales for the whole week would be normal, or very close to it.

A meaningful boycott would entail participants actually consuming less fuel -- and doing so in a sustained, disciplined fashion over a defined period of time -- not just choosing to wait a day or two before filling up as usua