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Old 06-13-2008, 10:53 PM   #3 (permalink)
Arminius
Future EV Owner
 
Join Date: Mar 2008
Location: Sussex Wisconsin
Posts: 674

Wannabe - '05 Honda Civic LX
90 day: 40.53 mpg (US)
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I saw that report on CNN and read Exxon's explanation, but thought it was a bogus explanation. The first thing that came to mind was that the future is not in gas. Oil, not gas, will always be profitable, but it's going to take some time to sell all those stations, and in a couple of years people are going to be (hopefully) driving cars that run mostly on alternative energy. The writing is on the wall.

Sell high; buy low.
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