Automakers versus big oil: Who is to blame for high gas prices?
Gas prices are going up, and the potential for significantly higher gas prices is increasing regularly. Who is to blame? Big oil says, "the U.S. economy had become vastly more fuel-efficient since the first oil shock, 'so why is the average fuel economy of American cars unchanged in two decades?'"
Chrysler responds, "Despite a documented history of blowing their exorbitant profits on outlandish executive salaries and stock buybacks, and hoarding their bounty by avoiding technologies, policies and legislation that would protect the population and environment and lower fuel costs, Big Oil insists on transferring all of that responsibility on the auto companies." (Detroit News)
O.K., so oil hasn't done their job, but what has Chrysler, or any of the Big 3, done?
Nothing regarding fuel economy, that's for sure.
Oops, I forget, they put millions of Flex-fuel vehicles on the road, that's right. Instead of paying fines for missing CAFE requirements, automakers have added flex-fuel technology to gas-guzzlers. I guess that's enough!
Unfortunately, with only 600 ethanol stations out of 180,000 gas stations, most simply can't find ethanol.
Ultimately, big oil and the Big 3 have failed America and the world.
Of course Americans keep buying gas-guzzlers and performance that can't be utilized, but we look good! Well, that's another story...
Irresponsibility - it's always someone else's fault!!
Chrysler responds, "Despite a documented history of blowing their exorbitant profits on outlandish executive salaries and stock buybacks, and hoarding their bounty by avoiding technologies, policies and legislation that would protect the population and environment and lower fuel costs, Big Oil insists on transferring all of that responsibility on the auto companies." (Detroit News)
O.K., so oil hasn't done their job, but what has Chrysler, or any of the Big 3, done?
Nothing regarding fuel economy, that's for sure.
Oops, I forget, they put millions of Flex-fuel vehicles on the road, that's right. Instead of paying fines for missing CAFE requirements, automakers have added flex-fuel technology to gas-guzzlers. I guess that's enough!
Unfortunately, with only 600 ethanol stations out of 180,000 gas stations, most simply can't find ethanol.
Ultimately, big oil and the Big 3 have failed America and the world.
Of course Americans keep buying gas-guzzlers and performance that can't be utilized, but we look good! Well, that's another story...
Irresponsibility - it's always someone else's fault!!
Labels: Ethanol, Flex-fuel, Hybrid Vehicles



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