May 15 posts

Feed

To boycott or not to boycott?

We have all seen the posts around the internet that a gasoline boycott on May 15th will help put an end to the surging gasoline prices that the nation is dealing with. Chances are if you spend any time whatsoever on the internet you have seen the rants about the boycott on message boards, a friend's blog, forwarded emails from friends...almost everywhere. But is there any truth to the claim that a one day gasoline boycott will help ease prices at the pumps?

As many of you probably already realize, this probably isn't going to do much to alleviate record high gas prices. Sure, thousands, maybe millions, of people might do their part and avoid stopping into their local Exxon station tomorrow, but how many of these same people will need to fill up tonight to make sure they can "do their part" tomorrow? How many drivers are going to manage to make it through Tuesday without stopping for gas in order to "do their part," only to wake up Wednesday morning and cruise on fumes into the nearest station they can find?

Do you see where I am headed with this? What day you buy your gas isn't the key to making a difference. The key to making a difference would be to stop buying gasoline altogether. Or at least finding a way to significantly cut consumption. Changing the day you buy your gas won't make any difference at all.

Continue reading To boycott or not to boycott?

Symbol Lookup
IndexesChangePrice
DJIA+58.2812,859.51
NASDAQ+22.342,926.22
S&P 500+7.341,349.98

Last updated: February 13, 2012: 12:25 PM

Hot Stocks

General Electric

19.045+0.17(+0.90)

Alcoa

10.355+0.065(+0.63)

Apple Inc

498.53+5.11(+1.04)

Google Inc 'A'

612.87+6.96(+1.15)

Bank of America

8.27+0.20(+2.48)

Wal-Mart Stores

61.89-0.01(-0.02)

Exxon Mobil Corp

84.165+0.365(+0.44)

Ford

12.52+0.08(+0.64)

Citigroup

33.44+0.515(+1.56)

IBM

192.56+0.14(+0.07)

Yahoo

16.13-0.01(-0.06)

Starbucks

49.17+0.35(+0.72)

Microsoft

30.54+0.045(+0.15)

Home Depot

45.81+0.48(+1.06)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329153933045 ms.