When Will We Learn?

(I originally posted this on Monday, July 31, 2006 when I started my first blog ever. Since then I've learned what I was doing and I deleted the original one and added this to all my others.)

According to a story published in the July 28, 2006 edition of the St Petersburg Times, Exxon-Mobil recorded the second-best quarterly performance for a publicly traded company.The company was making $4.7-million per hour in the April-June period, boosting it's performance by 36% from a year ago.The day before this story was printed the company announced a $10.4-billion second-quarter profit! That's "billion" with a 'B'.

Not to be shamed, Royal Dutch Shell PLC posted a net income of $7.3-billion after an increase of 40% from the year before.Crude-oil prices are hovering near $75 a barrel and no sharp drop can be seen anytime in the near future. Analysts say the industry can expect more record-breaking profits throughout the remainder of the year.

The oil and gas industry's profit surge comes as motorists in the U.S. pay an average of $3 a gallon at the pump.
I have to hand it to an unlikely spokesman against the huge profits being made by the companies: Rep. Edward Markey, D-Mass., said that American consumers have been "tipped upside down and have (had) their savings shaken out of their pockets at the gas pump."

Of course Exxon-Mobil Corp.'s vice president of public affairs, Kenneth Cohen, felt that was probably too harsh and said such criticism is misplaced. "Sometimes I feel like they are trying to run against us as opposed to their opponents." Ouch! Great come-back Mr. Public Affairs Man.

Exxon Mobil understands how gas price volatility affects family budgets, Cohen added."What are we doing about it?" he said. "We are investing at record levels." Investing in what....The stock market??

Oil exporting nations, particularly in the Middle East, are experiencing rapid economic growth. More than two-thirds of Exxon Mobile Corp.'s profits were derived from oil and natural-gas production outside the U.S. The company said it pumped 6% more oil and natural gas than it did during the same quarter a year earlier.Not to pick only on Exxon Mobile and Shell, BP PLC said its quarterly profit rose 30% to $7.3-billion. ConocoPhillips said its earnings rose 65% to $5.18-billion and Chevron Corp. had not reported its profits at the time of this writing.

Let's stop with the comments from execs and the statistics and make it simple. Gas prices are still going up and no end is in sight. There's only one way to make them stop thinking we're fools and that's to stop buying their gas! Just do what I said months ago. Stop buying ANY gas from Exxon Mobile.
Simple. Go somewhere else, some other gas station not connected with them.

Do you want gas prices back under $2 a gallon? Then try it. What have you got to lose? It's not working the way we're doing it now. I will bet you that if no one bought any of their gas the price would be down before Thanksgiving! Let's make them out turkeys! NO MORE SMILES FROM THE EXECS THEN!