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People's Petrol Token
0x8e334d075416020b30cb7af2ac9c454377c02c25
A project dedicated to taking power back from the Big Oil Companies and giving it to the consumers. Us. We. The People.
How many times have you heard, "That's just the way it is," or "There's nothing we can do,"?
Well guess what: That is 100% WRONG. There IS something we can do. We can stop letting greedy corporations rip us off while the rich get richer and we get poorer and poorer. We can start our OWN Oil Company, with a firm commitment to sell gasoline at a FIXED 10% PROFIT.
Currently, one of the prime reasons that gas is so expensive is because the Big Oil Companies have taken every opportunity to maximise their profits, even while making billions of dollars every year. Got a once in a century Pandemic? Let's wait until it's over and then absolutely GOUGE the consumers with ridiculously high gas prices. Their excuse? "It's not our fault. This is a natural adjustment by the market to people being able to travel again." Or it's because of the War in Ukraine (a lie - Russian oil made up only 2% of all US oil sources before being banned after Russia invaded Ukraine in February of 2022). Or it's because the Democrats are in power and they don't drill as much as the Republicans (this is also a lie - domestic drilling in the USA is currently at its highest point EVER). It's a FACT that there is plenty of oil. So why isn't the price of gas really, really cheap?
The answer is because the oil companies in the USA are an OLIGOPOLY.
"OLIGOPOLY: a state of limited competition, in which a market is shared by a small number of producers or sellers."
In an oligopoly, market pressures do not apply. When supply is high, prices do not necessarily go down, because the oligarchs get together and set a minimum price that GUARANTEES THEIR CONTINUED PROFITS.
U.S. Oil Companies made RECORD profits in 2023, even as the prices at the pump began to dip slightly (gas is still too expensive). The top 15 Oil and Gas companies operating in the USA made...are you ready for this...
50 BILLION dollars in Q3, 2023,
34 BILLION dollars in Q2, 2023, and
59 BILLION dollars in Q1, 2023.
PROFITS! Not total budget. PROFITS!
So, let me ask you a question.
What if someone decided to create an oil company that did NOT emphasise profits? What if their emphasis was on getting gasoline to the people as cheaply as possible? The gas would still be good quality, but the company would keep prices as low as possible, because gas is a necessity. The company would promise to sell the gasoline at a maximum 10% profit. But who would be crazy enough to start up a whole new oil company? Who would be willing to go through all the difficulty of creating a company, buying the land leases, exploring for oil, and then pumping the oil once we find it? Who would build their own refinery, and create a series of new gas stations that promise to sell gas to the public as cheaply as possible?
We would.
The only thing holding us back is a lack of funds to start our own company. That's why the People's Petrol Token (PPT) was created: to fund our new 10% profit maximum Oil Company.
Here is the contract address for PPT:
0x8e334d075416020b30cb7af2ac9c454377c02c25
(can be purchased on Pancakeswap with BNB)
Please just purchase $50 or so today, and then leave the coins in your wallet. In ten years' time, you will be VERY, VERY glad you did!
Do you remember these prices? The HORRIBLE gas prices above are from only about a year ago. Today, thankfully, the average price of gasoline in the USA has dropped to $3.10 a gallon, and $3.90 for diesel.(1) But that's still FAR TOO EXPENSIVE!
Watch Out! Math Ahead!
The current cost for a barrel of US domestic crude oil is $78.(2) Each 42-gallon barrel produces approximately 20 gallons of gasoline and 12 gallons of diesel.(3) (The missing 10 gallons are either lost in the process, or are turned into products like kerosene.) The cost to refine each gallon varies between .40 to .70 each (call it .55 average), and the cost to transport the gas and diesel is about .27 per gallon.(4)
So that works out to a total cost per gallon:
oil cost: $1.86 +
refining: .55 avg. +
transport: .27
Total average cost: $2.68 per gallon.
So if it only costs about $2.68 to produce a gallon of gasoline in the USA, and the average price is $3.10, that means that the Big Oil Companies are making AT LEAST $.40 PROFIT per gallon! (And that doesn't include prices for premium gasoline or diesel, which are much more expensive.) And in 2022, an average of 369 MILLION gallons were consumed per day in the USA.(5) OMG! The Big Oil Companies are making 147 MILLION DOLLARS PROFIT per DAY! (Actually much more than that - remember, people often buy premium/diesel.)
PROFIT! Not costs - PROFIT!!!!!
Okay, let's take a moment to look at this.
If THEY can make those kinds of profits, why can't WE? (Well, actually we just want a 10% profit margin.) But even if we cap our profits at 10%, won't we still make a good return?
Absolutely.
And, we will be selling gas and diesel to the American public at a significant discount. Hopefully, our gas prices will be somewhere around $2.75 per gallon.
We are going to create the World's FIRST Ethical Oil Company.
Please, just buy $50 to $100 of our tokens, and help us get started. This is going to be the BEST investment of your life. Please read on to find out why....
(1) https://gasprices.aaa.com/
(2) https://oilprice.com/
(3) https://www.eia.gov/tools/faqs/faq.php?id=327&t=9#:~:text=Petroleum%20refineries%20in%20the%20United,gallon%20barrel%20of%20crude%20oil.
(4) https://www.fox13memphis.com/trending_archives/how-much-tax-does-your-state-charge-on-gasoline-what-makes-up-the-price-of/article_2a17487c-eca5-5c3d-b34a-ad600dd8d83b.html
(5) https://www.eia.gov/tools/faqs/faq.php?id=23&t=10#:~:text=In%202022%2C%20about%20134.55%20billion,8.78%20million%20barrels%20per%20day).
Six Steps to Creating an Oil Company
STEP 01
Sell enough PPT to create an initial fund of capital.
STEP 02
Lease oil exploration land from the Bureau of Land Management.
STEP 03
Create a Corporation in the USA & hire oil drilling professionals.
STEP 04
Once we have one oil well pumping, sell crude oil to accrue more capital.
STEP 05
Once we have the funds, build or buy our own refinery and gas stations.
STEP 06
End Goal: Sell gas to the public at no more than 10% profit.
Some Context:
Every year, the US Government auctions off dozens of leases for oil drilling and extraction on Federal land. Most of these (about 90%) are purchased by the Big Oil companies, but some are sold to small start-ups. What we are going to do is create a new, small oil company, hire the right people, and bid on those plots. Once we have our plots, we will send in the professionals and rent the equipment they need to begin drilling. All this is going to cost a lot of money, and that's why the PPT token was created. However, once we have at least one working oil well, we can start to actually EARN money. If we do this right, we can extract oil at a cost of about $30 a barrel, and sell it at around $78 a barrel (at the current market price). We will save up those profits, investing in more and more oil wells, until we have enough money to build or buy our own refinery and a few initial gas stations.
And then, once we control the WHOLE supply chain, from oil wells to gas stations, we will sell our gasoline at no more than 10% profit.
There is nothing wrong with making a profit, but we don't need to gouge the customer. And people will finally get what they need: inexpensive gasoline so that they can live their lives.
Oil Rig image by John R. Perry from Pixabay
More Stuff
This is where I get to explain everything in more detail.
An Apology
I do want to apologise for the unprofessional look of this website. Since the PPT token is brand new, we have no money to hire anyone, and I'm doing this all myself. I promise I will hire a Chief Technology Officer once we make a little money.
Why this will work
I want to take a moment to explain WHY I think this idea is going to work, and work well. To be perfectly honest, I'm just following in the footsteps of others, and repeating their basic formula. The U. S. Government has been leasing out Federal lands for oil extraction since 1920, and it is an extremely lucrative business. However, I am adding the additional factor of promising to NOT cheat our customers, and being satisfied with making only 10% profit. I think that is going to be a big attraction, and from this initial phase of gathering funds by selling PPT, up to and through the following phases, our being an honest enterprise is going to be a big plus.
I also think the fact that this will be a "hybrid" business model, where crypto is used to raise funds for an actual brick and mortar business, is going to be very attractive. There are certainly going to be those investors who are looking for a quick return on their crypto investment, but I hope the majority of investors realise that this could be a hugely successful long-term enterprise. And, in lieu of offering stock in this company, the holders of PPT will effectively be "stockholders" in this new business. Hopefully, in a few years, holders of PPT will even be able to use it to pay for gasoline purchased at our stations.
No Rug Pulls No Cheating No B.S.
Everyone in the crypto-world knows that while most of the new crypto projects out there are legitimate, some of them are just blatant scams. I will NEVER do that.
First, ALL of the PPT liquidity pool tokens have been locked up until 1 May 2024 on the Mudra website. You can check on that here:
https://mudra.website/?certificate=yes&type=0&lp=0x3d7dfc4067dffe35dc3d5d30c7c8720a5445288a
That means that I CANNOT withdraw any of the liquidity (money) until May of next year. And we will decide together, as a community, how much I should withdraw when that time comes. (I'm going to need to travel to the USA in June of 2024 to start the next phase of operations.)
And second, here is the People's Petrol Token rating on tokensniffer; a website designed to help investors avoid potential scams:
https://tokensniffer.com/token/bsc/3vlla00s28xiq1ls6kxnxoj0xdbjq9emzeln9bmohbse1s03qqbxgunf8bn1
As you can see, it has a score of 100 out of 100.
I am not here to cheat you. I am financially invested in this project, and I therefore intend to see it through. I'm the one who has spent thousands of dollars and hundreds of hours working on all of this. I want to see PPT gas stations annoying the heck out of the Big Oil companies at some point in the future. (I'm really looking forward to that.)
Also, I think it would be fair to owners of PPT for 10% of our 10% profit (1% of our overall operating budget) to be used to buy back PPT tokens. Just like big corporations use stock buybacks to increase the value of their stock, once we have a steady profit coming in, we should use 10% of our profits to buy back PPT tokens. That should help to increase the value of PPT, which will be great for those investors who helped us get off the ground in the early days. (So spend 100 dollars today and then forget about your tokens. In 10 years, you just might be rich because of it...)
Who I am
I'm Mark Turner, an American who moved to Sydney, Australia about twenty years ago, and I now hold dual citizenship. I have a regular, full-time job, a house, a mortgage, and a family. I'm a perfectly normal person, and I've never committed a crime in my life. I don't drink, smoke, use drugs, etc., etc. I'm quite clever (I have multiple master's degrees), and this idea of creating an ethical oil company first came to me many years ago, but it was revived when I recently found out how insane the profits made by the Big Oil companies have become. I suppose I have a strong sense of justice, and it seems unjust to me that rich people make themselves richer by making it more expensive for poor people to drive themselves to and from work. And I don't believe we should all be held hostage by Big Oil if we can do something about it.
No Whales Please
Please do NOT buy too many of the PPT tokens when you see this website. Just invest maybe $100 or so at first. I do want this to be a long-term project, and I don't want there to be any whales.
Transparency
At this point, in June of 2023, the PPT tokens are brand new, and therefore worth very, very little. At some point in the future, however, they will be worth something, and we will eventually start working on the next stage: forming a company in the USA. To do that, we will need funds, and after May of 2024 I will need to sell some of the liquidity pool tokens to cover the costs. Before I do that, I will make sure everyone knows why I am selling, and how the funds will be used. For every business expense, I will publish all receipts on this website, so that people know that this is all a legitimate business venture.
I'm going to try to add posts here on a fairly regular basis, to keep everyone updated. It's going to get boring, but it's better to keep you in the loop, ya know?
April 17, 2023
Hello all, just wanted to say "Hi!" and let you know how things are going. I've recorded some videos on YouTube that you can watch (links below), to further explain how this is all going to work.
Interestingly, the price of the token has actually TRIPLED since I launched it in March. It was launched on 11 March at .000000001141, and it just made it to .000000004126 on 17 April, 2023. Some of that is because of my purchases, and some of it is from bots just buying a brand new token. But, hey, let's be honest; it's still not even worth one-millionth of a penny at this point. That means it's super cheap, and you should buy tons of it NOW!
But remember, please don't buy more than $100! We want a slow and steady rise; not a rocket ship!
Here is the performance so far, from 11 March to 17 April, 2023
(The dip in price [in red] was due to some bots taking a quick profit. Bloody bots...)
April 19, 2023
Hi, All. Just to let you know, I'm a big fan of Coffeezilla on YouTube (please go and check out his videos). I was just watching a piece he did on the "Save the Kids" scandal/rug pull, and I saw something interesting. It seems that it is possible to create a line of code in the coin's contract that keeps sellers from selling too much too quickly (i.e. a "rug pull"). I was thinking of inserting such a control feature, making it so that people cannot sell more than 10% of their coins at one time, and that they would then have to wait 24 hours before they could sell any more. Such a control would mean that people would have to wait 10 days to be able to sell their entire supply of coins.
Of course, the problem is: I have no idea how to insert such a line of code. If you are crypto-savvy enough to do that, please send me an email at enquiries@peoplespetroltoken.com, and we can discuss it.
Thanks everyone.
Mark
April 21, 2023
One quick extra note. I am a student of History (I have a BA in History and three master's degrees in the subject), and I have been watching a lot of YouTube videos about various scams and rug pulls. I'm doing this because I want to learn how NOT to do these things, and how to set things up as honestly and transparently as possible. On a related note, did you know that the attendees at the Constitutional Convention in 1787 studied not only the successful forms of government in the world, but also the FAILED ones? They did so because they wanted to avoid repeating the mistakes of others. That's what I'm trying to do as well. I want to create a long-term project that is NOT a "get rich quick" scam, and in the end, benefits EVERYONE. Obviously, that's a lot harder to do. So, the only way I think this is going to work is if I create a crypto token that gives me the start up capital to create a successful business in the real world. Then, the profits (fixed at 10% only) from the real world business can be funneled back into the crypto token, effectively "paying back" the original investors. Make sense?
I will not lie to you. I will not hide anything. Anything you want to see, just ASK. I will post anything you want to see on this website, and make a YouTube video answering your questions as well.
I'm going to go back to YouTube now. (Man, some of this stuff is seriously DARK. How can human beings DO this sort of thing to each other?)
Ciao for now,
Mark
May 1, 2023
Really Happy to Announce that ALL Liquidity Pool tokens are LOCKED UP for One Year! That means NO RUG PULLS!
https://mudra.website/?certificate=yes&type=0&lp=0x3d7dfc4067dffe35dc3d5d30c7c8720a5445288a
Hi, Everyone. Just wanted to post and explain that we have just locked up ALL our PPT-BNB Liquidity Tokens from Pancake Swap for one year. That means that I cannot touch any monies received for the purchase of PPT for the next whole YEAR! Please visit the website and take a look!
Mark
May 16, 2023
Hi All,
Well, I am happy to announce that we finally broke .0000000060 the other day, and this time it looks like we are going to stay North of that line (it kept getting knocked down by bots selling and taking tiny profits). So, it looks like some people have been buying some PPT tokens, even though I haven't really been advertising it yet. So far, people have been listening to my entreaties, and haven't bought more than $100 dollars or so, which means no one is a whale (yet). To those people who bought, "Thank you!!!!" I really appreciate your faith in this project, and I promise I will spend the next 10 years of my life trying to make this business a success, and make your investment worthwhile. If you haven't bought yet, please just buy $50-100 worth, and then leave them alone. At some point over the next few years, those tokens are going to be really worth something, and you are going to be very glad you did.
Until later,
Mark
June 2, 2023
Hi Everyone,
The results of the Lease sale in Kansas and New Mexico on May 25th have just been released. You can view the exact results here:
https://www.energynet.com/govt_listing.pl?sg=5828
click on the blue link: "Sale Results May 2023" and you will be able to download a .pdf with the full details.
I learned a lot from looking over these results. I suggest you watch my most recent videos (video 12 and video 13), which discuss the info on the .pdf more thoroughly. If you have the .pdf open as you watch the video, it will make even more sense.
This is good stuff. We are getting there.....
June 13, 2023
Well, I spoke too soon about staying north of .0000000060! There is a guy running a bot that buys when someone else buys, and then as the price spikes, the bot sells immediately. You can see the transactions here:
https://bscscan.com/token/0x8e334d075416020b30cb7af2ac9c454377c02c25
He made a whole dollar or two in profit! Woo hoo! In the long run it doesn't matter, but it's so annoying to see these little bots messing things up.
Oh, and whoever it was who bought the 9 billion tokens the other day, THANK YOU! That was so awesome of you!
IMPORTANT NEWS!
We are about to start advertising! I have NO IDEA what I am doing, but I finally set up my Twitter, FaceBook, and WhatsApp pages, and we are going to start advertising soon. Honestly, I don't know if anyone is going to visit, but if you are here because you saw one of those ads, WELCOME! (And if you have read this far down, you deserve a round of applause!)
Here are some additional pages with more information:
White Paper (PLEASE read this...)
https://www.peoplespetroltoken.com/about
People's Petrol Token (PPT) on Poocoin: https://poocoin.app/tokens/0x8e334d075416020b30cb7af2ac9c454377c02c25
Token Sniffer analysis of People's Petrol Token:
https://tokensniffer.com/token/bsc/uvfad00s2lxqf1sf6mkxfnmxj0xbjuqm9zn9b4hb3s14s0qqbxcf3einbn51
Proof of Liquidity locking for ONE YEAR (until May 1, 2024):
https://mudra.website/?certificate=yes&type=0&lp=0x3d7dfc4067dffe35dc3d5d30c7c8720a5445288a
List of all holders of PPT on BSCscan:
https://bscscan.com/token/0x8e334d075416020b30cb7af2ac9c454377c02c25#balances
Rugcheck on PPT on Poocoin:
https://poocoin.app/rugcheck/0x8e334d075416020b30Cb7AF2AC9c454377C02C25/top-holders
List of all holders of PPT on BSCscan (pie chart):
https://bscscan.com/token/tokenholderchart/0x8e334d075416020b30cb7af2ac9c454377c02c25
VIDEOS:
People's Petrol Token (PPT) Videos 1 + 2 - Introduction
People's Petrol Token (PPT) Video 3 - Who I Am (part 1)
People's Petrol Token (PPT) Video 4 - Who I Am (part 2)
https://www.youtube.com/watch?v=PwMUWVpplXA
People's Petrol Token (PPT) Video 5 - Why this will work
https://www.youtube.com/watch?v=-fKGNgi2vrk
People's Petrol Token (PPT) Video 6 - IMPORTANT! Watch Me!
https://www.youtube.com/watch?v=T6n9bfjd-h8
People's Petrol Token (PPT) Video 7 - No Rug Pulls!
https://www.youtube.com/watch?v=Hm8D6zcfq00
People's Petrol Token (PPT) Video 8 - No Whales Please! ($100 only) and the Virtuous Cycle
https://www.youtube.com/watch?v=JYSSJmxskvM
People's Petrol Token (PPT) Video 9 - Breaking Shackles and Borrowing Brains
People's Petrol Token (PPT) Video 10 - Leases are Available!! and other questions...
People's Petrol Token (PPT) Video 11 - LP Tokens are LOCKED!
People's Petrol Token (PPT) Video 12 - May 25th sale results are out!
People's Petrol Token (PPT) Video 13 - Happy Queen's Birthday!
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