ADM 2320 Study Guide - Tetraethyllead, Pipeline Transport, Fuel

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If thinking is an intellectual response to a problem, then the absence of a problem leads to the absence of thinking. Biggest problem is that their optimistic stubbornly complacent and wrongheadedness" approach has made them only focus on out-doing their competitors by improving their own product rather than focusing on finding substitute alternatives to have a niche-like advantage over competitors. This has resulted in the obvious conclusion that the oil industries have yet to make considerable contribution in finding new and improved oil- substitutes like the tetraethyl lead, since they believe that this is not in their job description. Most of the innovations and improvements in the efficiency of oil and other automobile fuels have come from the small upcoming companies since they have a younger, fresher, more consumer- orientated approach. This sense of arrogance that stems from invincibility has culminated a trend of hit and misses approach from oil industries.

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