don't pump gas on april 15, 2012

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zeldaluff

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#51 zeldaluff
Member since 2008 • 3387 Posts

I feel like the oil companies would just be like "Oh, weird. Guess tomorrow we're getting 4.4 billion."

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xXDrPainXx

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#52 xXDrPainXx
Member since 2008 • 4001 Posts
Haha this is to funny. So many people don't understand how the pricing is set when it comes to gas prices, it's funny to see they react when you actually explain how it works to them.
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Wasdie

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#53 Wasdie  Moderator
Member since 2003 • 53622 Posts

I wonder if these people know that we get less than half of our oil from the Middle East?

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TAMKFan

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#54 TAMKFan
Member since 2004 • 33353 Posts

People will still buy gas regardless. You can't really stop them.

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On3ShotOneKill

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#55 On3ShotOneKill
Member since 2008 • 1219 Posts
Hipsters and slactivists who don't understand economics, more news at 11.
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FragStains

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#56 FragStains
Member since 2003 • 20668 Posts
Yeah, I am just going to buy gas on the 15th if I need to. And I guess they will lose $60 less that day.
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Dgalmun

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#57 Dgalmun
Member since 2009 • 16266 Posts
F***ing hippies and their stupid protests.
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comp_atkins

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#58 comp_atkins
Member since 2005 • 38946 Posts
sounds pretty stupid. i guess if i owned a station i'd just hike my prices up a bit on the 14th or 16th..
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CKYguy25

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#59 CKYguy25
Member since 2012 • 2087 Posts

sounds pretty stupid. i guess if i owned a station i'd just hike my prices up a bit on the 14th or 16th..comp_atkins

i'll try it though, see what happens

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PiscesChick93

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#60 PiscesChick93
Member since 2008 • 10732 Posts

[QUOTE="jman1553"]"2.2 billion" "That's almost 3 BILLION" Umm. What?MgamerBD
I lol'd :lol:

As did I :lol:

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TehFuneral

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#61 TehFuneral
Member since 2007 • 8237 Posts

Im getting gas for $0.50 something.

Living in the middle east has its advanatages!

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BPoole96

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#62 BPoole96
Member since 2008 • 22818 Posts

These are so dumb. I'm sure others have already stated why they are dumb, so I will not reiterate

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surrealnumber5

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#63 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="comp_atkins"]sounds pretty stupid. i guess if i owned a station i'd just hike my prices up a bit on the 14th or 16th..CKYguy25

i'll try it though, see what happens

gas margins are tiny, 2% -8% depending on the gas type, at least here in MD were competition is healthy. based on the a sample of 8 store owners i know.
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tofu-lion91

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#64 tofu-lion91
Member since 2008 • 13496 Posts

We pay £1.33 per litre of petrol which is $2.12. Wish we could lower petrol prices here :|

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EasyStreet

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#66 EasyStreet
Member since 2003 • 11672 Posts

No thanks, if prices goes up I will use less.

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coolbeans90

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#67 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="coolbeans90"]

That's a stupid idea. That simply defers payment until a day or two later, thereby not removing any money from the oil companies. If you really want the idea to work, have a "Don't drive on X day". That reduces consumption, and consequently, profit.

surrealnumber5

almost as bad as TC's theory.. consumption or volume of sale does not have a direct causation to profit. unless you assume margins to be static where volume between cases is not .......

Margins aren't static, but the volume sold is (in conjunction with price mechanisms), ideally, at a level which generates the most profit. (a maximum of profit per unit * quantity sold) Likewise, deviating from that maximum should result in less profit.

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Nibroc420

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#68 Nibroc420
Member since 2007 • 13571 Posts

[QUOTE="surrealnumber5"][QUOTE="coolbeans90"]

That's a stupid idea. That simply defers payment until a day or two later, thereby not removing any money from the oil companies. If you really want the idea to work, have a "Don't drive on X day". That reduces consumption, and consequently, profit.

coolbeans90

almost as bad as TC's theory.. consumption or volume of sale does not have a direct causation to profit. unless you assume margins to be static where volume between cases is not .......

Margins aren't static, but the volume sold is (in conjunction with price mechanisms), ideally, at a level which generates the most profit. (a maximum of profit per unit * quantity sold) Likewise, deviating from that maximum should result in less profit.

Lets say your local gas-station usually has to fill it's tanks every week. So they buy their gas on the 8th, that gas lasts a week or so, they buy new gas. Now instead of buying gas every 7 days, this one time, they'll have to wait 8. Oh no! it's as silly as a "dont buy chocolate bars on X day" event, because the store has already purchased them from the supplier, they'll just be on the shelf a day longer. Oh so tragic, what ever will the store owners do?
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coolbeans90

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#69 coolbeans90
Member since 2009 • 21305 Posts

Learn to math, Nibroc.

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surrealnumber5

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#70 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"][QUOTE="coolbeans90"]

That's a stupid idea. That simply defers payment until a day or two later, thereby not removing any money from the oil companies. If you really want the idea to work, have a "Don't drive on X day". That reduces consumption, and consequently, profit.

coolbeans90

almost as bad as TC's theory.. consumption or volume of sale does not have a direct causation to profit. unless you assume margins to be static where volume between cases is not .......

Margins aren't static, but the volume sold is (in conjunction with price mechanisms), ideally, at a level which generates the most profit. (a maximum of profit per unit * quantity sold) Likewise, deviating from that maximum should result in less profit.

assuming you can assume, as a no planner, i cant make those assumptions. with less volume i would guess the margins would need to increase to at all make the business profitable. without an adjustment in the margin with a large decrease in volume most stations would just go under. the margins on gas are tiny and its not like there are no fixed operating costs when it comes to gas stations, let alone the variable operational costs. im always going to argue against people who have the hubris to think they can project the actions of others
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coolbeans90

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#71 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="coolbeans90"]

[QUOTE="surrealnumber5"] almost as bad as TC's theory.. consumption or volume of sale does not have a direct causation to profit. unless you assume margins to be static where volume between cases is not .......surrealnumber5

Margins aren't static, but the volume sold is (in conjunction with price mechanisms), ideally, at a level which generates the most profit. (a maximum of profit per unit * quantity sold) Likewise, deviating from that maximum should result in less profit.

assuming you can assume, as a no planner, i cant make those assumptions. with less volume i would guess the margins would need to increase to at all make the business profitable. without an adjustment in the margin with a large decrease in volume most stations would just go under. the margins on gas are tiny and its not like there are no fixed operating costs when it comes to gas stations, let alone the variable operational costs. im always going to argue against people who have the hubris to think they can project the actions of others

You definitely can't assume that margins will increase enough to recuperate lost volume. Sure, they go up, but it can only go up so far before additional loss in volume matches the increased return per unit sold. The quantity sold deviates from the level of the maximum. I'm not arguing for the idea, but it would hit the pockets of gas stations.

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ExoticAnimal

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#72 ExoticAnimal
Member since 2010 • 39796 Posts

I wonder if these people know that we get less than half of our oil from the Middle East?

Wasdie
Yea, isn't like half of our oil from the North and South America?
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Nibroc420

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#73 Nibroc420
Member since 2007 • 13571 Posts

Learn to math, Nibroc.

coolbeans90
Learn to understand that not buying from a 3rd party once, doesn't effect a supplier. Heck Even if EVERYONE decided "hey i'm not going to buy gas on the 15th" There will be an increase of people filling on the 14th(in preparation), and the 16th(because they're low on gas now) So they lose one day's worth of sales, but will be a little busier on the days before and after. Not only this, but the gas is already "shelved" so to speak, the major oil companies have already made their cut off of the oil at that station. a 7-11 waiting an extra 1 day before they get their tanks refilled wont cause the oil companies to lose money.
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coolbeans90

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#74 coolbeans90
Member since 2009 • 21305 Posts

Nibroc, please learn to reason quantitatively. It really isn't that difficult. People do not drive for one day. K, now that we have this established, people consequently purchase a reduced amount of gasoline. This alters the profit margin per unit * quantity of units sold away from its peak. This in turn results in reduced profits.

Q.E.D.

Addendum: The stuff you brought up doesn't affect this.

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Nibroc420

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#75 Nibroc420
Member since 2007 • 13571 Posts

Nibroc, please learn to reason quantitatively. It really isn't that difficult. People do not drive for one day. K, now that we have this established, people consequently purchase a reduced amount of gasoline. This alters the profit margin per unit * quantity of units sold away from its peak. This in turn results in reduced profits.

Q.E.D.

Addendum: The stuff you brought up doesn't affect this.

coolbeans90
What? It's a "DO NOT PUMP GAS ON APRIL 15" NOTHING TO DO WITH DRIVING. People will still DRIVE on the 15th, they simply WONT BUY GAS. Meaning, they WILL buy gas on the 14th or 16th, depending on when they need it. Someone driving home on the 14th, remembers that the 15th is "don't buy gas day" so they get gas on their way home. Someone realizing their tank is low on the 15th, but wants to celebrate (is that the right word?) the "dont buy gas day", will drive home and buy gas the next day, april 16th.
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EmpCom

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#76 EmpCom
Member since 2005 • 3451 Posts
Get used to it america ya gas prices are heading in only one direction
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surrealnumber5

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#77 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"][QUOTE="coolbeans90"]

Margins aren't static, but the volume sold is (in conjunction with price mechanisms), ideally, at a level which generates the most profit. (a maximum of profit per unit * quantity sold) Likewise, deviating from that maximum should result in less profit.

coolbeans90

assuming you can assume, as a no planner, i cant make those assumptions. with less volume i would guess the margins would need to increase to at all make the business profitable. without an adjustment in the margin with a large decrease in volume most stations would just go under. the margins on gas are tiny and its not like there are no fixed operating costs when it comes to gas stations, let alone the variable operational costs. im always going to argue against people who have the hubris to think they can project the actions of others

You definitely can't assume that margins will increase enough to recuperate lost volume. Sure, they go up, but it can only go up so far before additional loss in volume matches the increased return per unit sold. The quantity sold deviates from the level of the maximum. I'm not arguing for the idea, but it would hit the pockets of gas stations.

acting as if stations are not already competitive. if stations could collude, as many Marxian would propose, gas would be much higher. the drive to undercut to get a larger share is common place. if the market took a considerable dip as you proposed gas prices would need a noticeable hike or alternative sources of revenue would need to be found. if i had to guess this would push out all gas stations(just gas), most market stations (snacks and gas) and would lead to a commanding dominance of liquor stations (booze and gas). that also assumes the proprietors wish to push other stations out and not that they would wish to compete on the margins with those stations that dont have other revenue sources, and that is in no way a safe assumption. I don't know what the market is like in your area, I just know the business end from those in the extended family that own stations and the three in my old college town I did taxes for. Hell in VA there may well be some sort of oligopoly
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-DirtySanchez-

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#78 -DirtySanchez-
Member since 2003 • 32760 Posts
What do I think about it? I think that it's 2012.Hubadubalubahu
i wad wonding if i was the only one to catch that
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surrealnumber5

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#79 surrealnumber5
Member since 2008 • 23044 Posts
[QUOTE="Hubadubalubahu"]What do I think about it? I think that it's 2012.-DirtySanchez-
i wad wonding if i was the only one to catch that

nice sig
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iHarlequin

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#80 iHarlequin
Member since 2011 • 1928 Posts

I honestly would like to see gas prices skyrocket. Maybe people would grow a conscience and start using alternate means of transportation and fuel.

In any case, I don't think not buying gas for a day is going to make that much of a difference -- specially when the campaign is directed only at internet users (and internet users who actually saw the post).

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SpartanMSU

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#81 SpartanMSU
Member since 2009 • 3440 Posts

[QUOTE="coolbeans90"]

Nibroc, please learn to reason quantitatively. It really isn't that difficult. People do not drive for one day. K, now that we have this established, people consequently purchase a reduced amount of gasoline. This alters the profit margin per unit * quantity of units sold away from its peak. This in turn results in reduced profits.

Q.E.D.

Addendum: The stuff you brought up doesn't affect this.

Nibroc420

What? It's a "DO NOT PUMP GAS ON APRIL 15" NOTHING TO DO WITH DRIVING. People will still DRIVE on the 15th, they simply WONT BUY GAS. Meaning, they WILL buy gas on the 14th or 16th, depending on when they need it. Someone driving home on the 14th, remembers that the 15th is "don't buy gas day" so they get gas on their way home. Someone realizing their tank is low on the 15th, but wants to celebrate (is that the right word?) the "dont buy gas day", will drive home and buy gas the next day, april 16th.

I believe coolbeans proposed no driving instead of no buying gas on the 15th, which would make more sense. Although both ideas are unrealistic.

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coolbeans90

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#82 coolbeans90
Member since 2009 • 21305 Posts

Nibroc, read before you post. This line of conversation stemmed from the proposed idea that people not drive for a day, not the OP. Go be an idiot somewhere else.

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coolbeans90

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#83 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="Nibroc420"][QUOTE="coolbeans90"]

Nibroc, please learn to reason quantitatively. It really isn't that difficult. People do not drive for one day. K, now that we have this established, people consequently purchase a reduced amount of gasoline. This alters the profit margin per unit * quantity of units sold away from its peak. This in turn results in reduced profits.

Q.E.D.

Addendum: The stuff you brought up doesn't affect this.

SpartanMSU

What? It's a "DO NOT PUMP GAS ON APRIL 15" NOTHING TO DO WITH DRIVING. People will still DRIVE on the 15th, they simply WONT BUY GAS. Meaning, they WILL buy gas on the 14th or 16th, depending on when they need it. Someone driving home on the 14th, remembers that the 15th is "don't buy gas day" so they get gas on their way home. Someone realizing their tank is low on the 15th, but wants to celebrate (is that the right word?) the "dont buy gas day", will drive home and buy gas the next day, april 16th.

I believe coolbeans proposed no driving instead of no buying gas on the 15th, which would make more sense. Although both ideas are unrealistic.

Of course they're both silly ideas, but one would actually put a momentary dent in profits.

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coolbeans90

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#84 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="coolbeans90"]

[QUOTE="surrealnumber5"] assuming you can assume, as a no planner, i cant make those assumptions. with less volume i would guess the margins would need to increase to at all make the business profitable. without an adjustment in the margin with a large decrease in volume most stations would just go under. the margins on gas are tiny and its not like there are no fixed operating costs when it comes to gas stations, let alone the variable operational costs. im always going to argue against people who have the hubris to think they can project the actions of otherssurrealnumber5

You definitely can't assume that margins will increase enough to recuperate lost volume. Sure, they go up, but it can only go up so far before additional loss in volume matches the increased return per unit sold. The quantity sold deviates from the level of the maximum. I'm not arguing for the idea, but it would hit the pockets of gas stations.

acting as if stations are not already competitive. if stations could collude, as many Marxian would propose, gas would be much higher. the drive to undercut to get a larger share is common place. if the market took a considerable dip as you proposed gas prices would need a noticeable hike or alternative sources of revenue would need to be found. if i had to guess this would push out all gas stations(just gas), most market stations (snacks and gas) and would lead to a commanding dominance of liquor stations (booze and gas). that also assumes the proprietors wish to push other stations out and not that they would wish to compete on the margins with those stations that dont have other revenue sources, and that is in no way a safe assumption. I don't know what the market is like in your area, I just know the business end from those in the extended family that own stations and the three in my old college town I did taxes for. Hell in VA there may well be some sort of oligopoly

Of course there would be collusion to raise prices, and to an extent, considering the inelasticity of gas in the short term, there would be profit recouperation, but in all likelyhood, some profits would be lost. We're talking about a one-day plunge here, so I don't think a consolidation of the liquor markets overnight would happen. (not to mention, commie scum have monopolized liquor sales in Va.)

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Nibroc420

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#85 Nibroc420
Member since 2007 • 13571 Posts

Nibroc, read before you post. This line of conversation stemmed from the proposed idea that people not drive for a day, not the OP. Go be an idiot somewhere else.

coolbeans90
Sorry i thought perhaps you were talking about this "Dont pump gas on April 15th 2012" idea. Seeing as how that is the title of the thread, and the topic put forth by the TC. There's even a nice picture in the original post in case you forget ;)
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surrealnumber5

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#86 surrealnumber5
Member since 2008 • 23044 Posts

Nibroc, read before you post. This line of conversation stemmed from the proposed idea that people not drive for a day, not the OP. Go be an idiot somewhere else.

coolbeans90
if it is just for a day then yea the effect would be blah, but starting a no driving movement(ironic) would hurt stations more than deferred purchase movement. im just saying station owners are not fat cat 1%ers or whatever OT rallies agaionst, and prolonged downturn would hurt everyone.... well except those doing the printing and causing the inflation that is. they will keep on keeping on and pointing the fingers at others.
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coolbeans90

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#87 coolbeans90
Member since 2009 • 21305 Posts

[QUOTE="coolbeans90"]

Nibroc, read before you post. This line of conversation stemmed from the proposed idea that people not drive for a day, not the OP. Go be an idiot somewhere else.

surrealnumber5

if it is just for a day then yea the effect would be blah, but starting a no driving movement(ironic) would hurt stations more than deferred purchase movement. im just saying station owners are not fat cat 1%ers or whatever OT rallies agaionst, and prolonged downturn would hurt everyone.... well except those doing the printing and causing the inflation that is. they will keep on keeping on and pointing the fingers at others.

I'm not by any means supporting the idea and definitely wouldn't participate. I think it's idiotic. I'm just showing people how to be a slightly more effective in their metaphorical sticking it to the man. (which mightn't be a good idea, but, whatever)

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surrealnumber5

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#88 surrealnumber5
Member since 2008 • 23044 Posts

[QUOTE="surrealnumber5"][QUOTE="coolbeans90"]

You definitely can't assume that margins will increase enough to recuperate lost volume. Sure, they go up, but it can only go up so far before additional loss in volume matches the increased return per unit sold. The quantity sold deviates from the level of the maximum. I'm not arguing for the idea, but it would hit the pockets of gas stations.

coolbeans90

acting as if stations are not already competitive. if stations could collude, as many Marxian would propose, gas would be much higher. the drive to undercut to get a larger share is common place. if the market took a considerable dip as you proposed gas prices would need a noticeable hike or alternative sources of revenue would need to be found. if i had to guess this would push out all gas stations(just gas), most market stations (snacks and gas) and would lead to a commanding dominance of liquor stations (booze and gas). that also assumes the proprietors wish to push other stations out and not that they would wish to compete on the margins with those stations that dont have other revenue sources, and that is in no way a safe assumption. I don't know what the market is like in your area, I just know the business end from those in the extended family that own stations and the three in my old college town I did taxes for. Hell in VA there may well be some sort of oligopoly

Of course there would be collusion to raise prices, and to an extent, considering the inelasticity of gas in the short term, there would be profit recouperation, but in all likelyhood, some profits would be lost. We're talking about a one-day plunge here, so I don't think a consolidation of the liquor markets overnight would happen. (not to mention, commie scum have monopolized liquor sales in Va.)

yea i was thinking much longer effort , one day would not really matter if no one purchased a gallon, i would scare the hell out of speculators but it would do nothing to or for us, including the stations.
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surrealnumber5

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#89 surrealnumber5
Member since 2008 • 23044 Posts
for whatever reason i can only use the quick box so i cannot fix my errors after posting, and i dont proof read until after i post.
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Michael0134567

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#90 Michael0134567
Member since 2008 • 28651 Posts

I'm not seeing the point of doing this.

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yellosnolvr

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#91 yellosnolvr
Member since 2005 • 19302 Posts

Don't pump gas on April 15th, so I do not have to wait in line.:P

roulettethedog
stole my comment right from my mind. great minds think alike :)
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Wolf-Man2006

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#92 Wolf-Man2006
Member since 2006 • 4187 Posts

Sorry, but thats not going to change anything except people's egos

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KiIIyou

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#93 KiIIyou
Member since 2006 • 27204 Posts
What will we pump then?
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#94 worlock77
Member since 2009 • 22552 Posts

I love slacktivism.

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#95 yuri19
Member since 2008 • 363 Posts

When American prices match the petrol prices in the UK, then we can talk. Until then you guys over the pond don't know what expensive fuel is.

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Oleg_Huzwog

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#96 Oleg_Huzwog
Member since 2007 • 21885 Posts

When American prices match the petrol prices in the UK, then we can talk. Until then you guys over the pond don't know what expensive fuel is.

yuri19

It's your own dumb fault for buying that fancy petrol stuff. Try buying gasoline next time, like we do. It's more affordable than petrol.

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jediknight52501

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#97 jediknight52501
Member since 2005 • 69715 Posts
i will pass gas on the 15th.
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AussieePet

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#98 AussieePet
Member since 2010 • 11424 Posts
I don't have a car yet :(
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#99 LJS9502_basic  Online
Member since 2003 • 180272 Posts
That doesn't work. You will need gas again.....
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#100 EJ902
Member since 2005 • 14338 Posts
This will probably coincide with a petrol tankers' strike in Britain when nobody will be pumping petrol anyway so that'll either make it fruitless or really effective