Thursday, October 20, 2005

Editorial

The Oil Consumers’ Force

In the case of petroleum, people focus too much on the supply side of the law. They forget the power of the demand side. Why? Let consumers reclaim their power back as consumers. This is a great idea without hurting the consumers and even the economy.
This is neither boycott campaign nor rallies against gas companies.
The oil companies are too iron hearted that every week, they increase prices of various oil products. They are hurting and even killing consumers gently and surely.
The oil companies laugh and keep quiet to consumers our protest.
They know consumers could not continue to hurt themselves and refuse to buy gas. It is more of inconvenience to the consumers than it is a problem for oil firms.
Here is a proposal to soften this oil companies. You may please consider it.
Currently, the unleaded gasoline is over P36.00 per liter and it is increasing every week unnoticed together with other gasoline products. Despite the decrease of US $62 per barrel of oil from US $70, the price still went up instead of downward trend.
What is worst is the giant oil companies like Caltex, Shell and Petron still claim they are losing money. Do they have insatiable greed? This is now the time consumers can take aggressive action to teach them that buyers control the market place, not sellers.
The proposal is simple. Consumers can hit back by just purchasing gas requirements from just one oil company. This will not hurt the consumers anyway but the two oil companies which the consumers will not patronize.
Here is how. For the remaining part of the year 2005, consumers just purchase gas from one oil company: Petron. Never buy from Caltex and Shell. If there is small oil company present in your community, like SeaOil and Total, purchase from them.
After a few days if Caltex and Shell are not selling their gasoline, they will be forced to reduce their prices. But do not go back to Shell or Caltex yet. Continue buying from Petron, SeaOil or Total until a significant price reduction in Shell and Caltex is announced.
If this proposal makes sense to you, you send it to your friends and relatives. If consumers can just unite, purchase at Petron only. The two: Shell and Caltex will be forced to reduce their prices. What shall they do with their gas? Sell to Petron? If they did this, they will lose business. /MP mailto:madyaas_pen@yahoo.com

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