Boycott BP movement

bp_protest.gi.top.jpgProtestors hold signs during a demonstration outside of a building that is being constructed on the U.C. Berkeley campus and is funded by British Petroleum in Berkeley, Calif. By Allan Chernoff, CNN senior correspondent


NEW YORK (CNN) -- An online movement to boycott BP for its role in the Gulf of Mexico oil spill is growing at a rate of better than 25,000 names a day.

"I won't buy their gas any more. I won't patronize a company that's destroying our planet," New Jersey resident Patricia Jarozynski told CNN, one of 118,000 fans of the "Boycott BP" Facebook page as of this writing.

Should drivers boycott BP gas stations because of the Gulf oil spill?
  • They should boycott now
  • They should wait to see if BP stops the leak
  • No

"I think they should pay a price," said Sue Kemper, another "Boycott BP" Facebook fan.

Anger is growing along with the size of the spill in the Gulf of Mexico. BP's environmental catastrophe has Public Citizen, the consumer advocacy group, also calling for a boycott against the oil giant, the first time it's taking such action against an energy company.

"The boycott sends a clear message that we as American consumers are not going to tolerate corporate illegal activity," said Tyson Slocum, director of Public Citizen's Energy Program. "We're not going to tolerate a company that has a clear demonstrated track record of willful negligence."

Along Florida's Gulf Coast there are signs a boycott may be having some impact. Edison Oil Company, a gasoline distributor in Fort Myers which counts 25 BP stations among its customers, says over the past four days there has been a 30% decline in the volume of gas it is delivering to BP pumps, compared to average daily volume for the past month.

"I am not sure whether it is a blip on the map or a concerted effort by consumers to avoid BP sites," said Patrick Eakins, vice president of Edison Oil.

If there is a drop in BP station gasoline sales though, it is unlikely to have much if any impact on the London-based oil giant, since BP does not own the 11,500 gas stations that carry its logo in the United States. They're owned by independent franchisees. Those stations pumped an average of more than 42-million gallons of gas per day last year. Eakins says BP can easily unload its gasoline, whether or not Americans avoid BP stations.

"You can boycott all you want. But BP can sell product wherever they need to," said Eakins. "They are one of the largest trading companies that trade oil on the open market. It's a global economy. Those gallons will shift elsewhere if the U.S. doesn't want them." BP, which generated sales last year of about $240-billion, told CNN it has seen no impact from any boycott effort as it is trying to make amends for the accident. "I think this is a major reputational issue for BP. We're trying to respond properly," said BP CEO Tony Hayward.

BP (BP) station owners CNN contacted say their business is unaffected.

"We're doing fine," said Naples, Florida BP franchisee Robert Napier. "It's not like it's washing up on our beaches."

"Business is excellent. We do about 12,000 gallons every day," said Raj Singh at the BP station in Paulsboro, New Jersey.

Indeed, some motorists expressed anger with BP, even as they were pumping gasoline at a Washington, D.C., BP station.

"I'm extremely disappointed in BP and I don't think they're doing nearly enough" to stop the oil spill, said Lisa Patterson, adding that she had still purchased gas at BP because, "it's the closest station to my house." "This is my neighborhood gas station that's just on the way home, so it's not really a show of support any more than it is just a force of habit for me," said Eric Peterson after gassing up at BP. "When I pulled up I thought, oh god, BP. But honestly, is this oil company worse than any of them?"

The truth is it's not as easy to boycott BP as activists might think because BP is one of the biggest companies on the planet with many different businesses. So, even if you're not buying BP gas you're likely a consumer. Your mechanic may be putting Castrol motor oil into your car, the soda you're drinking today may be in a can produced from Arco Aluminum and the next aircraft you board may using BP fuel and BP hydraulic fluid.

But, those who are boycotting say even if they can't make a dent in BP's sales, they are enjoying a moral victory by purchasing their gasoline elsewhere. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 16,399.67 19.26 0.12%
Nasdaq 4,316.07 57.63 1.35%
S&P 500 1,904.01 17.25 0.91%
Treasuries 2.18 -0.02 -0.82%
Data as of 5:32pm ET
Company Price Change % Change
Bank of America Corp... 16.26 0.05 0.31%
Apple Inc 99.76 2.09 2.14%
Pfizer Inc 27.93 0.10 0.36%
Facebook Inc 76.95 1.00 1.32%
General Electric Co 25.03 0.21 0.85%
Data as of 3:31pm ET

Sections

Better-than-expected iPhone sales and record Mac sales lifted Apple in its fiscal fourth quarter. More

Big projects often divide cities. But Minneapolis' light rail line is creating jobs and driving development in underserved areas. More

In three years, all Chicago high school students will have to take a coding course in order to graduate. More

Host a furniture market. Here's how small town High Point, N.C. rakes in this much money -- twice a year. More

Detroit has 80,000 dilapidated properties and 100,000 empty lots. It's trying to get more people like Antjuan Wyatt to buy them. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.