Online:
Visits:
Stories:
Profile image
By Shepard Ambellas
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

What they don’t want you to know — the scam behind the oil industry

Sunday, April 12, 2015 20:12
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Subscribe to Intellihub for you daily dose of truth!

https://www.intellihub.com/subscribe

Sign-up to our mail list. Remain well-informed.
http://eepurl.com/Mci4f For years oil companies and even such corporations as General Motors have hidden the truth about technology to further profit, says report

By Shepard Ambellas

Please watch the above video.

(INTELLIHUB) — According to a video report, in 2010 U.S. oil consumption was estimated at “6.99 billion barrels”.

In 2011 the Energy Information Administration estimated that the average American household purchases well over $3000 worth of fuel every year. Can you say cha-ching?

So it’s no wonder that more efficient fuel saving technologies have been suppressed by Big Oil and others who have a stake in profiteering from oil.

Moreover today’s world is different for than when I was a teenager some 19-years ago. In fact, gas at the time was only $0.97 per gallon and if you had the right car you could cruse for days on a few bucks. Oh boy, were those the times.

Now as the fractional reserve banking system and corrupt politicians inside the federal government have trampled the citizens of the United States into the ground one may be lucky where I live to find gas for any less than $2.79 per gallon. In fact, it’s typically over $2.30 on average and it’s not getting any cheaper.

To boot we have somehow seemed to back-peddle, technologically speaking, in the automotive industry as vehicular fuel efficiency has seemed to steadily decline in production vehicles over the years, rather than increase.

For example, in 2014, the top six rated vehicles for fuel economy get shockingly poor gas mileage compared to previously produced vehicles back in the 1980s, which were far less technologically advanced.

Take the 1989 Geo Metro for example, getting a record 50 mpg highway and 12 mpg city, for a combined 47 mpg. We are talking 1989 folks!

FeulEconomy.gov reports:

2014 Most Fuel Efficient Cars (excluding electric vehicles)
EPA Class Vehicle Description Fuel Economy
Combined
Two-Seaters Honda CR-ZHonda CR-Z
4 cyl, 1.5 L, Automatic (AV-S7), Regular Gasoline
37
Minicompacts Scion iQScion iQ
4 cyl, 1.3 L, Automatic (CVT), Regular Gasoline
37
Subcompacts Ford FiestaFord Fiesta SFE FWD
3 cyl, 1.0 L, Automatic (5), Regular
37
Compacts Toyota Prius c HybridToyota Prius c Hybrid
4 cyl, 1.5 L, Automatic (CVT), HEV, Regular
50
Midsize Toyota PriusToyota Prius Hybrid
4 cyl, 1.8 L, Automatic (CVT), HEV, Regular Gasoline
50
Large Ford C-MAX HybridFord C-MAX Hybrid
4 cyl, 2.0 L, Automatic (CVT), HEV, Regular
43
Small Station Wagons BMW 328d xDrive Sports WagonBMW 328d xDrive Sports Wagon
4 cyl, 2.0 L, Automatic (S8), Diesel
35
Midsize Station Wagons Toyota Prius vToyota Prius v
4 cyl, 1.8 L, Automatic (CVT), HEV, Regular
42

Now compare the current 2014 numbers to the 1989 Geo Metro:

  • 47 Combined
  • 43 City
  • 52 Highway

Ladies and gentlemen, you have been duped. The only car that exceeds the 1989 Geo Metro’s performance is the 2014 Toyota Prius.

Moreover, the manufacture’s suggested retail price of a Geo Metro back in 1989 was $5995.

Featured image main page: Mike Mozar/Flickr

About the author:

shepard bio photoShepard Ambellas is the founder, editor-in-chief of Intellihub News and the maker of SHADE the Motion Picture. You can also find him on Twitter and Facebook. Shepard also appears on the Travel Channel series America Declassified. You can also listen to him on Coast To Coast AM with hosts, both, George Noory on “Chemtrails” and John B. Wells on the “Alternative Media Special“. Shepard Ambellas has also been featured on the Drudge Report, the largest news website in the entire world, for his provocative coverage of the Bilderberg Group. Shepard is an exclusive weapon of Intellihub.

For media inquires, interviews, questions or suggestions for this author, email: [email protected].

Read more articles by this author here.

Feel free to post this article in part or in full, leaving the byline and all original links intact.

The post What they don’t want you to know — the scam behind the oil industry appeared first on Intellihub.

Continue to Intellihub.com

https://www.intellihub.com

Subscribe to Intellihub for your daily dose of truth!

https://www.intellihub.com/subscribe/

Sign-up to our mail list. Remain well-informed.

http://eepurl.com/Mci4f



Source: https://www.intellihub.com/what-they-dont-want-you-to-know-the-scam-behind-the-oil-industry/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.