March 04, 2010

Clunkers

Your tax dollars at work..


A 15 mpg clunker that travels 12,000 miles a year uses 800

gallons of gas a year.



A 25 mpg vehicle that travels 12,000 miles a year uses 480

gallons a year.



So, the average Cash for Clunkers transaction will reduce

US gasoline consumption by 320 gallons per year.



They claim 700,000 clunkers were turned-in, so that's 224

million gallons saved per year..



That equates to a bit over 5 million barrels of oil.



5 million barrels is about 5 hours worth of US consumption.



More importantly, 5 million barrels of oil at $70 per

barrel costs about $350 million dollars



So, the government paid $3 billion of our tax dollars to

save $350 million.



We spent $8.57 for every dollar we saved.



I'm pretty sure they will do a great job with our health care, though.





Nuf said.

Posted by Delftsman3 at March 4, 2010 06:12 PM | TrackBack
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