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People boycotting BP

Posted on 5/27/10 at 6:29 am
Posted by JonTheTigerFan
Central, LA
Member since Nov 2003
6797 posts
Posted on 5/27/10 at 6:29 am
I have heard a lot of people talking about boycotting BP and companies they are affiliated with. What effect, if any, will this have on BP?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 5/27/10 at 6:30 am to
quote:

What effect, if any, will this have on BP?


It will no effect whatsoever. It's ridiculous even to ask that question
Posted by JonTheTigerFan
Central, LA
Member since Nov 2003
6797 posts
Posted on 5/27/10 at 6:40 am to
I don't think it will either. I was just curious to see if anyone on here is part of this group that thinks boycotting BP or any company they own stock in will have any effect on them. I have Facebook friends talking about boycotting Krispy Kreme, 7-11, Burger King, etc for being affiliated with BP.
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
108832 posts
Posted on 5/27/10 at 6:42 am to
quote:

I have Facebook friends talking about boycotting Krispy Kreme, 7-11, Burger King, etc for being affiliated with BP.


Why don't they boycott the federal government for their lack of give-a-frick in the whole situation...
Posted by notiger1997
Metairie
Member since May 2009
58446 posts
Posted on 5/27/10 at 7:41 am to
The oil BP sells at a gas station might be oil from Chevron or Exxon.
The station might be privatly owned by some guy that is just trying to make a living. Very little of the money you pay to fill up your tank makes it to BP, if any at all.
Posted by Boudreaux35
BR
Member since Sep 2007
21676 posts
Posted on 5/27/10 at 7:48 am to
I love when people start up something about a boycott on Facebook or other online group.

One, a boycott in general will only have an effect if you can get the REAL mass of user to truly boycott. In this case, that would mean all of the industry that does business with BP. I really doubt a majority of BP's business comes from the gasoline sales in the gulf states area. I believe they are way bigger, in terms of sales, up the east and west coasts. Do you really think that the people in California give a crap about what's going on in the gulf? Do you think those poeple are going to actively boycott? You're gonna have to get the oil field industry type businesses to join in and that will not happen.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 5/27/10 at 7:48 am to
Didn't BP start pulling it's retail operations out of LA way before this anyway? How will you know you are boycotting BP when you pull up to Cracker Barrel for the cheap gas?
Posted by JonTheTigerFan
Central, LA
Member since Nov 2003
6797 posts
Posted on 5/27/10 at 7:49 am to
I told them the same thing yesterday. I work for a major refinery and our terminals are lined with trucks bringing gasoline to our competing gas stations. They just put an additive in the gasoline and call it Chevron, Texaco, Exxon, etc.
Posted by Rex
Here, there, and nowhere
Member since Sep 2004
66001 posts
Posted on 5/27/10 at 8:12 am to
I feel bad for the small independent stations who will be boycotted.
Posted by steelreign
Deridder
Member since Jan 2009
11086 posts
Posted on 5/27/10 at 8:15 am to
quote:

What effect, if any, will this have on BP?


None, you know they're a world wide company right? I doubt a few people in the Gulf Coast region of the USA will effect the rest of the worlds decision to fill up at BP.
Posted by Indiana Tiger
Member since Feb 2005
4058 posts
Posted on 5/27/10 at 8:16 am to
The only way to knowingly impact BP is to boycott BP branded products (incl AMOCO and Arco if they still have any). As far as boycotting places like Burger King because they share space in a convenience store is just wrongheaded.
Posted by LSUGradATL
Warsawa/ATL
Member since Jul 2007
10497 posts
Posted on 5/27/10 at 8:39 am to
They will do what CITGO did and change the signs on the gas stations to something else.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/27/10 at 8:40 am to
Trying to boycott BP is like trying boycott Microsoft, impossible.

Unless you are going to stop using fossil fuels (which is what you should do if you are an environmentalist hypocritical hack who uses the products that you claim to hate), you can't avoid BP.

Just because you buy gas from a Chevron, doesn't mean that it wasn't drilled for and processed by BP. However, the idiots that think they are making a difference are probably too dumb to understand this.

The one exception that I make is Valero. I boycott them because I hate Hugo Chavez and I don't want to support any business owner that affiliates with him. However, as someone pointed out earlier, it's a hit to the station, not good ole Hugo.
Posted by Indiana Tiger
Member since Feb 2005
4058 posts
Posted on 5/27/10 at 9:00 am to
quote:

Trying to boycott BP is like trying boycott Microsoft, impossible.

It's not impossible; it's just that you are limited to what you can know. Most gasoline is fungible, meaning it's all mixed up by grade. As stated various additive packages are put in when the bulk trucks load up.

BP could be selling product in the spot market down in TX for example, or doing what is called exchanges (i.e. you give me product where you have a supply and I'll return the favor where I have a supply and we'll both save transportation costs). This is why you can't know where the product in the pump comes from.

But you do know who benefits from the brand on the pump. BP owns a lot of stations themselves and they also have a bunch of franchisers so to speak. If they own the station, all of the profit goes to BP. If it's a franchiser, they make money selling to the franchiser. Boycotting a franchisee will also hurt him, but he is associated with BP.

As I said earlier, the only way to knowingly impact BP is to avoid BP branded stations (incl Amoco and Arco if they haven't been rebranded). It would take a lot, and I mean a lot of participants to have a material impact, but if there is enough anger...
Posted by Pierre
Baton Rouge
Member since Nov 2005
5292 posts
Posted on 5/27/10 at 9:04 am to
quote:

It's not impossible; it's just that you are limited to what you can know.


BP's list of products is more than just gas and oil. They sell a shite ton of product to manufacturing plants, that in turn make basic products you use every day. They are so intertwined in the products you use every day a boycott of their gas stations would be a drop in the bucket.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/27/10 at 9:08 am to
quote:

As I said earlier, the only way to knowingly impact BP is to avoid BP branded stations (incl Amoco and Arco if they haven't been rebranded). It would take a lot, and I mean a lot of participants to have a material impact, but if there is enough anger...


Okay, it might "impact" BP, but how much of their revenue comes from retail sales?

The money is in drilling, production and refining, and you can't boycott that.

I'm really hoping that this anger that you speak of, leads a lot of people to stop using gas. I could use a drop in the price of a few cents.
Posted by Archie Bengal Bunker
Member since Jun 2008
15520 posts
Posted on 5/27/10 at 9:20 am to
They had a nice piece about this on CNN. Basically, BP gets its revenue from so many sources, that you or me not buying their gas at the pump isn't going to affect them. Yet, it will effect the independent station owner.


some of the other sources of income evidenced in the show where:

-aluminum for drinking cans
-the asphalt we drive on
-and basically if we don't buy it, it goes somewhere else (internationally) because BP is so freaking huge


The boycott is mainly just a feel good for the people participating.
Posted by Indiana Tiger
Member since Feb 2005
4058 posts
Posted on 5/27/10 at 9:24 am to
quote:

BP's list of products is more than just gas and oil. They sell a shite ton of product to manufacturing plants, that in turn make basic products you use every day. They are so intertwined in the products you use every day a boycott of their gas stations would be a drop in the bucket.

It's more than a drop, but you would never get enough participants to make it that. I agree nothing could be done to threaten them financially. Even though in terms of hydrocarbons, gas and diesel are the biggest components, from my previous post it should be obvious that they have many ways to monetize that without the public knowing. All that could ever be done is limit how much of the value chain they are able to exploit.
Posted by oilfieldtiger
Pittsburgh, PA
Member since Dec 2003
2904 posts
Posted on 5/27/10 at 9:47 am to
add pharmaceutical and pretty much all plastics to the list.

also include the fertilizers and pesticides used in agriculture. while BP may not directly manufacture any of these products, some of the oil they produce from the gulf, US, africa, whereever in the world undoubtedly makes its way into these products.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/27/10 at 9:51 am to
So in conclusion: The only way to effectively boycott BP completely is to start living in a commune.
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