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Are drivers boycotting Exxon and Mobil?
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#11
 
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Re: Are drivers boycotting Exxon and Mobil? -
04-30-2004
, 08:57 PM
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Exxon and Mobil at this moment are two of the largest companies. Will boycotting them induce a price war? Are they French or Canadian? Otherwise I won't boycott them, nor the |
#12
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| mark_digital wrote: Exxon and Mobil at this moment are two of the largest companies. Will boycotting them induce a price war? Are they French or Canadian? Otherwise I won't boycott them, nor the NAACP's boycott of South Carolina. Actually you should boycott TOTAL and Fina gas stations. They are both owned |
TOTAL/PetroFina. They had extensive dealings with Saddam Hussein.
No one should ever buy a product from a French company, since the French are
the sole reason for keeping the UN out of the effort in Iraq.
#13
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Exxon and Mobil at this moment are two of the largest companies. Will boycotting them induce a price war? |
#14
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Richard Schumacher wrote: mark_digital wrote: "badgolferman" <REMOVETHISbadgolferman (AT) yahoo (DOT) com> wrote in message news:IYpkc.5202$%o1.3131 (AT) lakeread03 (DOT) .. Exxon and Mobil are the same company. They merged about 3-4 years ago. -------- I have a printout about this boycott and it does mention both companies as being one, but continues speaking of them as "they", plural. Ahh, marketing hype. What would we do without the illusion of choice? Yeah, kinda' like the choice between republicans & democrats? LOL |
system is like a man with two shirts: he always has a relatively clean one
to change into.
And now we're way overdue to change shirts.
#15
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"Mark A" <ma (AT) switchboard (DOT) net> spake unto the masses in news:6jrkc.6$dR2.1870 (AT) news (DOT) uswest.net: High gas prices are primarily due to high crude oil prices, which are partly a function of the declining dollar (which is partly due to very low interest rates in the USA). Thank you. I forgot to point this out in my last post. Low interest rates are a form of inflation; inflation of credit rather than currency. Inflating either will eventually cause an increase in consumer prices. As Milton Friedman once so famously pointed out: "Inflation is always and everywhere a monetary phenomenon." In other words, these days the government *always* causes inflation, since the government maintains an effective monopoly on money. |
in the last year.
Of course, if it had matched the cost of living index for the last 40 years gas
would now cost about $4 per gallon, so arguing purely in monetary terms way
we're overdue for a catchup.
Gawd, I love my Prius :_>
#16
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| "Tegger®" wrote: "Mark A" <ma (AT) switchboard (DOT) net> spake unto the masses in news:6jrkc.6$dR2.1870 (AT) news (DOT) uswest.net: High gas prices are primarily due to high crude oil prices, which are partly a function of the declining dollar (which is partly due to very low interest rates in the USA). Thank you. I forgot to point this out in my last post. Low interest rates are a form of inflation; inflation of credit rather than currency. Inflating either will eventually cause an increase in consumer prices. As Milton Friedman once so famously pointed out: "Inflation is always and everywhere a monetary phenomenon." In other words, these days the government *always* causes inflation, since the government maintains an effective monopoly on money. Uhh, you might note that the prices of most other necessities did not go up 50% in the last year. Of course, if it had matched the cost of living index for the last 40 years gas would now cost about $4 per gallon, so arguing purely in monetary terms way we're overdue for a catchup. Gawd, I love my Prius :_ |
gallon. On the other hand, water is about $2 a galon now depending on
the brand
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#17
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And now we're way overdue to change shirts. |
#18
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"Mark A" <ma (AT) switchboard (DOT) net> spake unto the masses in news:6jrkc.6$dR2.1870 (AT) news (DOT) uswest.net: High gas prices are primarily due to high crude oil prices, which are partly a function of the declining dollar (which is partly due to very low interest rates in the USA). Thank you. I forgot to point this out in my last post. Low interest rates are a form of inflation; inflation of credit rather than currency. Inflating either will eventually cause an increase in consumer prices. As Milton Friedman once so famously pointed out: "Inflation is always and everywhere a monetary phenomenon." In other words, these days the government *always* causes inflation, since the government maintains an effective monopoly on money. |
Receipts"... explained how basically the whole idea of 'money' is a scam
anyway. By a guy named Dr. Stuart Crane..
I found it on this page after some searching:
http://www.markswatson.com/Audio.html
#19
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In other words, these days the government *always* causes inflation, since the government maintains an effective monopoly on money. Uhh, you might note that the prices of most other necessities did not go up 50% in the last year. A significant amount of oil is imported into the US and the dollar has |
accounts for a large part of the increase in crude oil prices, in addition
to world political tensions. For Europeans, the price of oil has not changed
very much in Euros. Of course gasoline costs about $4-$5 a gallon in most of
Europe (and has cost that much for a long time).
As previously mentioned, the dollars decline is partly due to very low
interest rates, which are designed to spur economic activity. The low dollar
also makes US exports cheaper so that it will create job growth in the US.
Of course it makes imports more expensive.
Some companies that import goods into the US have eaten part of cost of the
dollar deflation, but that can't last forever. Those who have done that have
to compete with US made goods. With oil, there is no elasticity of supply
since US oil producers cannot increase domestic production if imported oil
costs more (as might be the case with other types of manufactured goods).
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