09-10-2009, 01:36 PM
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PW Enlightenment
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Join Date: Jun 2008
Location: Beautiful conservative Central Oregon
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Posts: 19,290
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Re: CLUNKER SCAM winding down, DEALERS P.O'd
Back to CFC....
Something that was emailed to me today...
Quote:
I guess I must be on the wrong page on this "clunker" stuff ...
A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average clunker transaction will reduce US gasoline consumption by 320 gallons per year.
They claim 700,000 vehicles – so that's 224 million gallons per year.
That equates to a bit over 5 million barrels of oil.
5 million barrels of oil is about ? of one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $75 per bbl.
So, we all contributed to spending $3 billion ....... to save $350 million.
Hmmmmmmmmm. How good a deal was that?
But, I'm I'm thinking that they will probably do a great job with health care though!
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"Most people can't think, most of the remainder won't think, the small fraction who do think mostly can't do it very well. The extremely tiny fraction who think regularly, accurately, creatively and without self delusion---In the long run these are the only people that count." ***** Robert Heinlein
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