I am no physics expert...so, i won't contest your formula and reasoning. I wonder how EPA calculates EPA for highway. And in all cases, highway mileage of a V8 vehicle vs. a V6 of the same vehicle, the V6 always win.
Vehicles are driven over identical driving patterns by professional drivers in controlled laboratory conditions on a dynamometer, which is like a treadmill for cars. The conditions that occur during driving, such as wind drag and inertia are accounted for on the dynamometer. There are two types of tests that are conducted: city and highway tests.
The city test is approximately 11 miles long and simulates a stop and go trip with an average speed of about 20 miles per hour (mph). The trip lasts 31 minutes and has 23 stops. About 18 percent of the time is spent idling (as in waiting for traffic lights). A short freeway driving segment is included in the test. The engine is initially started after being parked overnight.
The highway simulates a 10 mile trip with an average speed of 48 mph. The vehicle is started "hot" and there is very little idling and no stops.
Source: Fuel Economy - On-road Vehicles and Engines | Cars and Light Trucks | US - EPA