Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 04-27-2006, 06:12 AM
zev_steinhardt zev_steinhardt is offline
Charter Member
Join Date: Jan 2000
Location: Brooklyn, NY
Posts: 6,906
You want $1.30 a gallon???

The Bee County (Texas) Commissioners voted on Monday 4-1 to urge people to stop buying from Exxon Mobil until the price of gas drops down to $1.30 a gallon.


I'm just floored. I understand people's frustration at high gas prices and the fact that they want to do something about it. But this is just ridiculous.

Haven't these people been following the news lately. Don't they realize that the price of oil is up all over the world and that Exxon Mobil doesn't have any control over that price? Don't they have the slightest inkling that no one can afford to make gas for $1.30 a gallon, since almost half the cost of a gallon of gas comes from the price of crude oil? (Source) Not to mention the fact that Texas has a 20 cent per gallon gas tax, that means that they want it sold for $1.10. Add in refining costs, distribution and other costs, they are, essentially, asking ExxonMobil to provide gas for well under a dollar a gallon.

Now, I'm no economist. But I know enough to know that you can't force someone to sell something at below cost! Are these elected officials so economically illiterate that they don't see a dumb proposal?

One of my favorite lines from the article was this:

Judge Martinez said he can't see how a boycott would really hurt the local Exxon station owners, because people hardly have any money left to spend in the store after filling up outside.
Well, considering that gasoline makes up two-thirds of their sales (see article), if you can't see how boycotting 2/3 of someone's buisness (for factors that are beyond their control anyway), then you seriously need to install some brain cells.

Zev Steinhardt

(Note: I'm aware that there have been emails circulating for years asking for gas to return to $1.30. This, however, is not an urban legend.)


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 11:34 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.

Send questions for Cecil Adams to:

Send comments about this website to:

Terms of Use / Privacy Policy

Advertise on the Straight Dope!
(Your direct line to thousands of the smartest, hippest people on the planet, plus a few total dipsticks.)

Publishers - interested in subscribing to the Straight Dope?
Write to:

Copyright 2018 STM Reader, LLC.

Copyright © 2017