Edward Lai Harner, Edward Harner
Andrea Harner
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August 31, 2005

Tomorrow is "Stick It Up Their Behind" Day!!

For those of you with cars...I'm certain this is worth the effort...if everyone were to do this...can you imagine just for a second? aaahhhh...would be amazing.

IT HAS BEEN CALCULATED THAT IF EVERYONE IN THE UNITED STATES AND CANADA DID NOT PURCHASE A DROP OF GASOLINE FOR ONE DAY AND ALL AT THE SAME DAY, THE OIL COMPANIES WOULD CHOKE ON THEIR STOCKPILES.

AT THE SAME TIME IT WOULD HIT THE ENTIRE INDUSTRY WITH A NET LOSS OF OVER 4.6 BILLION DOLLARS WHICH AFFECTS THE BOTTOM LINES OF THE OIL COMPANIES.

THEREFORE

THURSDAY

SEPTEMBER 1st HAS BEEN FORMALLY DECLARED "STICK IT UP THEIR BEHIND " DAY AND THE PEOPLE OF THESE TWO NATIONS SHOULD NOT BUY A SINGLE DROP OF GASOLINE THAT DAY.

Thanks to my friend Katy Oliver for this reminder!!



Comments

Actually, that's a hoax. Check it out here: http://www.snopes.com/politics/gasoline/nogas.asp

Posted by: Mel at August 31, 2005 1:30 PM

http://www.snopes.com/politics/gasoline/nogas.asp

Posted by: smallstatic at August 31, 2005 2:04 PM

Dear Andrea,

I hate to be boring and talk about economics, but in a market economy, we actually should be happy to see companies that produce something useful (and there is not much that it more useful than gasoline) make profits. And pretty much, the more the better. This is not just because the shareholders and employees get better pay and returns. It is because, if the profits reflect a situation of a lot of demand chasing inadequate supply (like now for oil & gas), higher profits will encourage more production and exploration. If the existing firms try to hold back production to keep prices high, then the high profits of in the industry will attract other competitors, new supplies, and, eventually, lower prices (but this also depends upon demand). The absolute worst-case would be a situation--something like that envisioned in Katie's scenario--where we have high prices because of tight supply/demand but low profits. (This is usually the result of government price controls and/or taxes, usually resulting from misguided politics.) Low profits would guarantee that the situation is never corrected by normal market forces.

Sorry for the economics lesson.

Love,

Daddy

Posted by: Stephen at August 31, 2005 9:33 PM

Whoah!

Who knew, I needed lessons in both hoaxes and in economics!!

Thanks guys,
Andrea

Posted by: Andrea at September 1, 2005 8:25 AM
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