The wealthy in those industries are heavily invested in BOTH of those industries.
Is it really so hard to see that they have worked it so that by conducting these businesses as they have over the past 30 years they maximize their profits by NOT retooling and manufacturing fuel efficient vehicles? This benefits them with high oil profits and high auto profits.

Seriously has anyone else read the story about the guy who developed a carburetor that made it possible for cars to get 80 mi/gal and was killed for it? The oil companies bought up the patents for this guy's carburetor so it could/would not be manufactured.
I remember reading about this 20 years ago.

Why do the pundits always say that unions are to blame for the high price tags of automobiles? What about the massive salaries paid to management and the CEOs?

Posted on Tue, 18 Nov 2008 14:41:57 GMT at http://answers.yahoo.com/question/index?...157AAif7Fx