Re: GAS WAR - an idea that will work

[Frank Olson <Use-the-email-links@xxxxxxxxxxxxxxxxxxxxxx>]

Mark Leuck wrote:
> "Robert L Bass" <no-sales-spam@bassburglaralarms> wrote in message
> news:bPidnTOgjrrHid_bnZ2dnUVZ_rSjnZ2d@xxxxxxxxxxxxxx
>> Here's the idea:
>>
>> For the rest of this year, DON'T purchase ANY gasoline from
>> the two biggest companies (which now are one), EXXON and
>> MOBIL. If they are not selling any gas, they will be inclined
>> to reduce their prices. If they reduce their prices, the
>> other companies will have to follow suit.
>>
>> --
>>
>> Regards,
>> Robert L Bass
>
> Whoever created that knows nothing about the market,

It's obvious Robert doesn't either...


> The problem isn't
> Exxon/Mobil but supply and demand coupled with the fact that no new refinery
> has been created in over 25 years which means any problem with any other
> refinery screws with production and one in Oklahoma just had a fire screwing
> with its output.

And we've got another hurricane season coming up.  :-(  When are you
guys gonna get smart and move all those production facilities to
someplace safe...  Like Canada for instance??


>
> Exxon/Mobil also sells gas to all the other companies so they still make the
> money regardless of people buying at their pumps, this idea is almost as
> stupid as the one where they want people not to buy gas from anyone for a
> day

Or the "PR" posts from Bass?  :-)