Wednesday, May 03, 2006

Explainer does gas boycotts...

...and why they won't work:

Do gas boycotts really work? By Daniel Engber: "Can a consumer boycott really affect gas prices?

Not in America. The e-mail that appears to have inspired the Bee County board claims that a widespread consumer boycott would push Exxon to lower its gas prices. This would in turn break the price-fixing monopoly and yield price decreases across the board. Economists point out that this isn't likely to happen for several reasons."

Click thru for the full read....I love "explainer" so much, thank you Slate!