Economy is Great!
Economy is Great!
Out of context: Reply #18
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- tkmeister0
it is pretty fucked given the price of gas. but do you think in 20-30yrs they will be making the same profit? i hope not. i hope that by then the automobile industry will produce alternate fuel cars.
american car industry is a bit slow on this. honda has invested a lot or R&D into making more fuel efficient cars for years and years and now, their profit is up by 30% or so from the last year and it was up 25% or so last year as well if i remember correctly. where as many of american car companies are suffering.
not all the oil companies are bad. look at BP, they repositioned their brand as beyond petro. and really commited to different fuel form. i haven't seen that kind of commitment from exxon at all.