An excellent idea but, unfortunately, the American people will not inconvenience themselves for a common cause. If there's a Mobil station on the corner where they buy their gas on their way to or from work, they won't drive six blocks out of their way to buy from Citgo.
If you want to fight the high price of gas, buy crude oil options or invest in oil service companies such as Schlumberger, Inc. It won't bring the price of gasoline down, but you'll make enough money to pay for your gas for the next year.
As long as China and India continue to develop their free-market economies, the demand for crude oil and all of its byproducts will continue to increase. Also, Iran is in a position to disrupt the entire world oil supply, should their president elect to do so, and I expect that he will, probably within the next sixty days. When this happens, we'll be paying around $4.50/ gallon or more, as the price of crude spikes to around $130/ bbl overnight. At this point, President Bush will order the release of our strategic reserves, but it still won't be enough; it might bring the price down by about twenty cents per gallon but that relief will only be temporary.
If anyone is to blame here, it's people like me; investors and speculators who trade commodities and commodity options. There are only so many contracts to be had, so for every investor who makes money on a contract, there's someone else on the other end of the trade who lost an equal amount.
It's not that difficult; if you've ever bought something at an open auction, you have the ability, with a little study, to trade commodities in your chosen market.
Barring the complete obliteration of the exchanges, the price of crude oil will continue to rise, which means the price of gasoline will also continue to rise. As I mentioned, any relief will be temporary, since our government isn't going to sanction or otherwise impose unwelcome tax liabilities on the oil companies. Even if they did, Big Oil would only pass that liability on to the end consumer, and they would probably move their operations out of the country as well.
Sorry to say it, folks, but we're stuck with high gas prices for the long haul.