GMT 800 & Older GM General Discussion 2006 & Older Trucks | General Discussion

DONT BUY GAS ON MAY 19th

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Old May 15, 2004 | 08:24 AM
  #11  
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im with mac on this one, if everyone buys one day.. that days profit will cover for the nextday. so basically, its two days worth of gas selling in one day.. thus.. balancing out and making no effect. but ill try
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Old May 15, 2004 | 08:53 AM
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Don't most companies up their prices to compensate for any losses? Just seems like potentially making the problem worse.
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Old May 15, 2004 | 11:41 AM
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gas is what we call an inelastic good, people need it like they need thier prozac, if the price goes up people will still buy it....class is over now kiddies.


That being said I'll try it still
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Old May 15, 2004 | 02:45 PM
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LOL, yea the 4.6 billion that the oil companies lose, They will just slam us with even higher prices for gas to make up for it.
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Old May 15, 2004 | 02:51 PM
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Don't think it'll do much, but count me in anyway
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Old May 15, 2004 | 02:58 PM
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we need to nuke those fukin iraq bitches already and take thier oil, since thats what it was about in the first place
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Old May 15, 2004 | 05:00 PM
  #17  
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If we nuke them I dont think there will be any oil to take.
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Old May 15, 2004 | 05:06 PM
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I fail to see how this will affect anything.
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Old May 15, 2004 | 06:41 PM
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Why do people insist on following people with simple answers for complext issues? No one buy gas on one random day and gas prices will plummet. dumbasses. Just because we didnt BUY gas that day doesn't mean we didn't USE gas that day. How would it help anything if everyone that would bought gas on the 19th would just fill up on the 18th and 20th? HOW?

Now if we didn't USE gas for say a month, year gas prices would fall. Along with our nation's defense, agriculture, manufacturing and construction.

That email is physical proof there are too many safety nets in society between stupidity and death. Its messing with natural evolution!
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Old May 15, 2004 | 06:48 PM
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Originally Posted by BenKey
Don't most companies up their prices to compensate for any losses? Just seems like potentially making the problem worse.
with an elastic good and if you have a monopoly; you can.

But take food for example (as a whole). If a farmer lost money, he cant jack up the prices. But if there was only ONE farmer, he could. why? because you need ford.

In the ideal laws of supply and demand/ free market, one supplier can not effect the prices of goods. however, this only occurs when there are MANY suppliers of this good and they aren't getting together to preset prices.

When there is a monopoly on an elastic good; no rules apply and its not a Free Market.
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