Monday, August 18, 2008

Too Dumb to Play Dead In a Cowboy Movie

Newt Gingrich says inflating your tires helps Big Oil:

GINGRICH: Well, I got a very funny e-mail from a retired military officer in Tampa who pointed out that most tire inflation is done at service stations and you pay for it. And it’s actually a higher profit margin than selling gasoline. So Sen. Obama was urging you to go out and enrich Big Oil by inflating your tires instead of buying gas.

As Think Progress notes, this is beyond stupid on a number of levels.

First, gas station owners, not Big Oil, receive the profits from selling air — if they sell air at all (presumably from mechanized air machines). Second, air is free. So of course the profit margin for selling air is going be higher than a gallon of gas. By contrast, the cost of oil accounts for a significant portion of the price of gasoline. So any profits from gasoline sales (which are actually quite small) also go to the gas station owners, after Big Oil has already been paid.

I guess poor Newt thinks that now that the reformed-adulterer bit is old news, he’s got to find another way to get on the tee-vee.