MPG does not decrease by 20%, i get identical mpg whether i drive at 70 or 80.
Then you are the first person in history to prove physics wrong. Well done.
PP is not necessarily incorrect - if his car is optimised for, say 77mph, it will be less fuel efficient at 70mph and 80 mph. I've deliberately not picked 75mph as the optimal speed as the drag increases with increasing speed.
So while PP is unlikely to have optimal fuel efficiency at both 70mph and 80mph, it is not inconceivable that he can have the same, albeit lower, fuel efficiency at both those speeds.
But I'd be happier to stick with the current limit, and stay on permanent Summer Time