I work for a competitor to Exxon and what Freddy says is true. Gasoline is gasoline, no matter where it comes from. The only difference is the additives injected at the loading rack. Major oil companies exchange product in different locations, or outright buy and sell it. One of my major markets is Chicago. Our company has product pipelined into our terminal, but we had another company refine it, since we don't have a refinery in the area. What we pipe in sometimes isn't enough, so we land up buying more from the majors, or exchanging it for product they need elsewhere, where we have plenty. Sometimes we sell it, just because we can make more selling it at the terminal than we can taking it to the stations
Most of the money made on gasoline is made prior to it arriving at your local station. The margin is at best 5% for a local station and it's rarely above 2%. This means on a $3 gallon of gas, most times the retailer is making a nickel or less. Which is why they sell everything from coffee to phone cards these days. There is no profit in retail gas sales.
The only way to screw ExxonMobil (and all the oil companies) is to use less energy. Until we reduce our consumption levels, demand will continue to outpace supply and prices will continue to rise. Keep in mind this is a gloabl statement. What we don't use can't be sent to another country where it will yield just about as much profit, if not more.)
2007-04-30 08:43:37
·
answer #1
·
answered by Anonymous
·
0⤊
0⤋
It does not help - if anything, it hurts the owners of those stations - which many are owned by small businesses which gets gas from the big companies.
If all of a sudden one gas has a lot of extra gas (because people stopped buying it) and another is now short of gas (because everyone went over there to buy it) - guess what will happen. They will just sell the extra to each other.... with the only loser being the owner of the station.
Same thing with when people do that "Don't buy gas for this week" - well even if that happened very well, they will still sett tons of gas before & right after that week - so that does not help.
The best thing to do is try to find ways to not use as much gas - walking, good milage cars, buses, etc...
2007-04-30 08:37:13
·
answer #2
·
answered by coan.net 2
·
0⤊
0⤋
there is no alternative because the suggestion is flawed. The reality is that if drivers were actually able to sufficiently organize to a degree that it would affect Exxon-Mobil's sales, they would simply sell their excess gasoline to other comapnies, who would theoretically need it since their sales were higher. The truth is that Exxon Mobil makes about 10 cents profit on every dollar of sales. Their total profits are big because they are the biggest company in the world in total revenue. Their profit margins are not high in comparison to many other industries. Also noteworthy is that in 2006 they paid $28 Billion in taxes, and amount equal to 1% of the entire US federal budget.
2007-04-30 08:32:02
·
answer #3
·
answered by FrederickS 6
·
0⤊
0⤋
Unless you and several hundred thousand people do the same thing, nothing will happen.
What you are hearing is how to force a "gas war". With all the bureaucracy in the U.S. and all the lies the consumer is being told, it is hard to find truth in anything. We are the richest nation on the planet but the money makers like their wealth and want to increase it.
To more directly answer your question, you need to ask the independent gas stations who supplies their fuel. Many independent stores purchase their fuel from the top fuel companies.
2007-04-30 08:25:48
·
answer #4
·
answered by RICK C 2
·
0⤊
0⤋
Well, let's see. There are many who say BP is the main reason the British made such a mess of the Middle East in the first half of the twentieth century. Citgo is controlled by Hugo and is already the subject of boycott. Texaco Shell is the Texas good ol' boys who support you know who. Your local independents buy gasoline from whomever they can. That leaves Sunoco. I don't think there is a Sunoco station within a hundred miles of me.
So you tell us. What are we supposed to do? Don't even think of telling me to buy a hybrid. I still owe too much on my old cars to trade them in.
2007-04-30 08:32:38
·
answer #5
·
answered by John H 6
·
0⤊
0⤋
i've got heard of it. inspite of the undeniable fact that, i do no longer see the place this is in line with any achievable concept. the quick-term income will convey approximately an eventual slowdown of production at Exxon-Mobil, a layoff of workers, and a slap interior the face of human beings that dared to confront them. it fairly is the income of residing in a "unfastened" company society. firms have precise to make funds for their stockholders. If we eliminate this precise, we grow to be the hot Soviet Union. i do no longer basically like the severe expenses, yet possibly we as voters could undergo in strategies the "sellout" that occurred by money accepting politicians that we continually deliver back to workplace.
2016-12-10 15:35:14
·
answer #6
·
answered by ? 4
·
0⤊
0⤋
http://www.phoenixmotorcars.com/
2007-05-01 08:08:22
·
answer #7
·
answered by James B 5
·
0⤊
0⤋