Breakin it down

[redlineguy]

>
> Let me see if I
> understand this correctly…
>
>
>
>
>
>
> 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 "Cash for Clunkers" transaction
> will reduce
> US
> gasoline consumption by 320 gallons per year.**
>
>
>
>
> They claim 700,000 vehicles – so that's 224
> million gallons / year.
>
>
>
> That equates to a bit over 5 million barrels of oil.
>
>
>
> 5 million barrels of oil is about ¼ of one day's
> US consumption.
>
>
>
> And, 5 million barrels of oil costs about $350 million
> dollars at $70/bbl.
>
>
>
> So, we all contributed to spending $3 billion to save
> $350 million.*
>
>
>
> How good a deal was that ???
>
>
>
> They'll probably do a better job
> with health care though!!
>
> *
> Such
> a deal!
> How
> long would you be in business with this type of
> thinking?

 

[bungeeguy]

Wow, I had not broke it down. Pretty sad!

 

[2001rmk700]

never thought of it like that rlg i think you should run for office lol i would vote haha

 

[Super B]

Nice copy and paste RLG! But it is the truth. Pretty sad when it is broken down like that.

 

[winter brew]

Not to mention....cash for clunkers program is now over THREE times the original estimated cost!!

 

[Transporter]

How many barrels of oil were used to produce 700 000 new cars.Plus I bet if you had a brand new car you would put quite a few more miles on it traveling around than you would your old clunker.