Lutz isn't shy about his take on CAFE (Corvette woes as well) - Page 2

*GTAHVIT* · 08-31-2008, 12:29 PM

Repsectfully Disagree.

That is the historical profit margin on a gallon of gas by the oil companies. which is in line with the quarterly profit margin of the oil companies around 6-9%. The gas stations can charge what ever they want as long as they aren't found guilty of price gouging. The 4-6% the oil company charges is part of the gas station cost. They mark it up from there.

MerF · 08-31-2008, 12:38 PM

Hmm. Alrighty then, you sound like you've done more research than the casual onlooker (me!) so I'll bow down to you on this one. It just feels wrong for some reason to me, when compared to the ridiculous profits reported every quarter the last few years.

*GTAHVIT* · 08-31-2008, 12:42 PM

LOL

not necessary.

I don't mean to say that I'm completely cool with what's happening with the Oil companies. They deal in trillions of dollars... Hard for me to grasp day to day business with that amount of money.

But when you look at the numbers It doesn't seem that they are that out of whack.

If they are caught doing something unethical or illegal, Burn em to the ground.

08-31-2008, 12:29 PM	#15
GTAHVIT Blessed Drives: 2013 Sonic RS MT Join Date: Dec 2007 Location: Saint Augustine FL Posts: 28,441 View My Garage	Repsectfully Disagree. That is the historical profit margin on a gallon of gas by the oil companies. which is in line with the quarterly profit margin of the oil companies around 6-9%. The gas stations can charge what ever they want as long as they aren't found guilty of price gouging. The 4-6% the oil company charges is part of the gas station cost. They mark it up from there. __________________ Click image to see build thread. PQ - "the love of cars. It's a boys first step toward manhood and a mans last hold on boyhood." Fbodfather - "We do not want to use the Z28 moniker on a car that does not deserve this hallowed name." The_Blur - "Let's not confuse competitors with equals."

08-31-2008, 12:42 PM	#17
GTAHVIT Blessed Drives: 2013 Sonic RS MT Join Date: Dec 2007 Location: Saint Augustine FL Posts: 28,441 View My Garage	LOL not necessary. I don't mean to say that I'm completely cool with what's happening with the Oil companies. They deal in trillions of dollars... Hard for me to grasp day to day business with that amount of money. But when you look at the numbers It doesn't seem that they are that out of whack. If they are caught doing something unethical or illegal, Burn em to the ground. __________________ Click image to see build thread. PQ - "the love of cars. It's a boys first step toward manhood and a mans last hold on boyhood." Fbodfather - "We do not want to use the Z28 moniker on a car that does not deserve this hallowed name." The_Blur - "Let's not confuse competitors with equals."

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
TCC: Lutz on future powertrains and RWD	Scotsman	General Automotive + Other Cars Discussion	11	03-20-2008 11:50 PM
Oshawa, and CAFE....	Mr. Wyndham	5th Gen Camaro SS LS LT General Discussions	43	01-26-2008 01:40 AM
Bob Lutz to retire around 2010	Mr. Wyndham	Off-topic Discussions	4	12-12-2007 07:38 PM
Interesting article about the CAFE issues	MerF	General Automotive + Other Cars Discussion	0	08-06-2007 05:29 PM
2007 Chevrolet Corvette Z06 Ron Fellows Championship Edition	KILLER74Z28	General Automotive + Other Cars Discussion	14	04-10-2007 10:29 AM

08-31-2008, 12:38 PM	#16
MerF Go Rays! Drives: 03 Trailblazer Join Date: May 2007 Location: St Pete, Florida Posts: 2,532	Hmm. Alrighty then, you sound like you've done more research than the casual onlooker (me!) so I'll bow down to you on this one. It just feels wrong for some reason to me, when compared to the ridiculous profits reported every quarter the last few years.