05-14-2007, 01:01 PM
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Confirmed User
Industry Role:
Join Date: Jan 2007
Location: Gamehendge
Posts: 1,340
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dumbest internet spam ever.... from cnn's money page
Quote:
The promise of depriving oil companies of $3 billion dollars a day assumes all the Internet users in the country would normally fill up their cars on the same day, which is of course absurd.
And what about the 30 cent-a-gallon price drop, which the e-mail claims happened during a similar boycott back in April 1997?
"It's absolute urban legend," said Tom Kloza, chief oil analyst at the Oil Price Information Service, which tracks gasoline prices for the motorist organization AAA. "There was no such drop."
Kloza said he looked into prices for all of April, 1997, and said for the entire month they didn't move by more than a penny.
The reason prices didn't budge is that people will still use the same amount of gasoline for the week or month. The Energy Information Administration, which tracks gasoline demand every week, said they've never observed a drop in demand for any week in the spring that could be associated with the boycott.
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