Thursday, May 04, 2006

Gas prices up. So are scams.

With the price of gas skyrocketing for months now, and the demand for gas not decreasing enough to make any kind of a difference, companies are trying hard to earn revenue from products that you add to your car to increase fuel economy. Companies claim that it can help by almost 30 percent. Don't believe everything you hear. With the knowledge and technology that car companies have developed over the years, you would think that they would be able to figure out if a little fan in the hose of the car would increase gas mileage. They would do so if they were a profit maximizing company, and under today's circumstances I sure hope that they would be. If anything researchers have found these devices to hurt engine quality in the long run. So as gas prices rise, we will see more and more of these sales pitches along with more and more suckers willing to buy them for far more than they are worth. Trust the market on this one, car and gasoline companies are trying all that they can technology wise to expand their demand curves, so when "brand new" technology is being marketed, don't but it, literally and figuratively.

2 comments:

Joshua S. Walker said...

I think that is true. If there were a "magic" way to increase gas mileage of course the automobile industry would be implementing it into every car being produced. They would WANT their cars window sticker to have the best possible fuel rating possible. All I have been seeing is ads for small more fuel-efficient cars because clearly with the price of fuel, and the controversies surrounding it, that's what people are looking to buy. I also think that this is an example of how industries are meeting the demands of customers and changing the "American" way. For years now American's have wanted bigger and bigger SUV's and trucks, now that we have to start paying so much for the fuel, Americans are reverting back to smaller and more fuel-efficient cars. However, I think that with all of the talk about high gas prices we should all become educated on what actually makes gas prices high and stop complaining about the problem.

Greg Delemeester said...

Kevin, you're a bit late on this article....Becky had already posted on this article earlier in the day...