"would like some solid info to back it up. I am thinking that, on an average car, a lower ride height would result in a better mpg rating. Resoning: more air going over the car as opposed to going under it.
Opinions?"
So, do you want opinions or solid info? Evelrod has given you some solid info. I'd agree that that is the trend, for a normal car. However, there is a trade-off. As you reduce the ride height there is less air that is being forced into the venturi. But, the venturi has a narrower throat, so you accelerate that smaller amount of air by a greater amount, so it has a higher speed, which causes higher drag losses, as it passes amongst the underfloor components.
P530 in Milliken shows a wind tunnel experiment that shows Cd INCREASING as the ride height decreases.
As in most real engineering problems, it is a compromise.
Cheers
Greg Locock