Porsche Goes Electric

[Lil bastard]

I don't think you can look at the price/profit for a gallon of gasoline, but rather look at the breakdown of the profit on a 42 gal. barrel of crude.

One barrel of refined crude yields, in addition to Gasoline, Diesel Fuel, #2 Heating Oil, Jet Fuel, Kerosene, Propane, Motor Oil and assorted Petrochemicals.

When all these are factored in, the Oil Cos. are doing just fine - yielding a little over $70/Bbl profit. At today's wholesale prices, that hovers near 50% of the market price (especially when you factor in Oil Depletion Allowances)... that's more than a reasonable profit margin.

[rick3000]

People have been converting 914's to electric for years. I actually thought about doing a conversion myself last year, but then I found out the average conversion runs about $25k.