Thread: gas prices
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Old 09-23-2018, 08:03 PM
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Quote:
Originally Posted by Sashi View Post
The only way to stop the price gouging is to pick the worst Company and everyone has to, completely stop patronizing them. This will kill that companies marketing, (Big Money). But we have to pick 1 company at a time and everyone has to boycott that company. Say 1st ESSO, after a couple of months SHELL, then later PETRO Canada. After the first one I'll bet they are all towing the line. Remember it's not about who has the refineries, It's who can sell to the individual customers.
E-mail your friends and Post on Facebook, BOYCOTT ESSO, until prices come down.
What fair profit margin should we use as a floor for initiating boycotts?

Exxon. Profit margin 5.53%. https://www.bloomberg.com/quote/XOM:US

Suncor/Petro Canada. Profit margin 9.41%. https://www.bloomberg.com/quote/SU:CN

Shell. profit margin. 6.23%. https://www.bloomberg.com/quote/RDSA:NA

McDonalds. Profit margin 27.95%. https://www.bloomberg.com/quote/MCD:US

Home Depot. Profit margin 11.51%. https://www.bloomberg.com/quote/HD:US

Johnson & Johnson. Profit margin 18.98%. https://www.bloomberg.com/quote/JNJ:US

Pfizer. Profit margin 28.75%. https://www.bloomberg.com/quote/PFE:US

CN Rail. Profit margin 36.08%. https://www.bloomberg.com/quote/CNR:CN

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