I'm sick of high gas prices, and not going to take it lying down. In looking over major oil companies' financials, it's obvious that Exxon-Mobil makes the most money selling oil. Of all of the major oil companies, they have the highest gross margin at 48.8%, the rest ranges from 16% (Valero) to 36% (Conoco Phillips). This may be because they are the most efficient but it seems unlikely to be the only reason. In any case, it is impossible to boycott all the oil companies because we need gasoline, but we could boycott 1 oil company and make enough of an impact to make a statement. This is possible because there are enough alternatives in most US cities.
I'm picking Exxon-Mobil to boycott because they are the biggest and most profitable oil company in the world. They are the flagship of the oil industry.
The plan is to boycott Exxon-Mobil products for the next 3 months: July, August & September. If we can get enough people to join in, it will be enough to affect their bottom line and show up in their quarterly reports. Which should affect their stock price. Let's hit them where it counts.
Let's get the word out, and let the boycott begin.
