Thread: Gas Prices
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Old August 13th, 2005, 08:02 AM
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Default Re: Gas Prices

Quote:
Atrocities said:
US Auto makers know they can make cars that can get better gas mileage, but they are in bed with the oil companies and keep gas mileage artifically lower. There are after market things you can do that improve mileage, but nothing that compares to what the manufacture can do.

And the greatest lie ever told is the lie that convinces people that evil does not exist. Oil companies love to perpetuate the myth that they are loosing money in order to hide the fact that they ar RAKING IT IN and laughing all the way to the bank. I remember a simular discussion about energy crisis a few years back and what do you know, it was all just an Eron scam to make money.
The first one is true, but not in the way you say it. Yes you can get spectacularly better mpg out of an engine than the US boys manage, but as US consumers don't care why bother spending money making good engines?

Biggest selling US vehicle is the F150 pickup, it does gallons per mile in terms of petrol use but no-one cares. Frankly if you buy a car with a ****e mpg, don't complain you spend alot on fuel. Follow the lead of shed loads of other Americans and buy a Japanese motor, when sales for GM and Ford drop even futher then they'll start producing decent engines. Not before though.

As for the second point, yes oil firms make loads of money. No it isn't out of petrol. A quick check of their books confirms that. Take BP, £18.5 billion from exploration and production, £5 billion from Refining and Marketing, a loss of £900 million from petrochemical. Now that includes alot of exceptionals and it was a bad year. £400 million profit from petrochemicals was last year is fairer. And that isn't just petrol for cars it includes aviation fuel and a hell of alot more besides. So frankly its small beer in the scheme of things.
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