Deckhand

iTrader: (1)

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

BenKey

iTrader: (1)

Don't most companies up their prices to compensate for any losses? Just seems like potentially making the problem worse.

1gen

iTrader: (1)

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

vortec327

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.

Chingon

iTrader: (1)

Don't think it'll do much, but count me in anyway

hyper

we need to nuke those fukin iraq bitches already and take thier oil, since thats what it was about in the first place

sierraon22s

If we nuke them I dont think there will be any oil to take.

z98

I fail to see how this will affect anything.

treyZ28

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!

treyZ28

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.