Fwd: Clunkers - Do the math
----- Original Message -----
Sent: Saturday, September 26, 2009
----- LEAVE IT TO THE INCOMPETENT POLITICIANS.
-----You probably had thoughts that this program did not make sense, so here are more details as to why you felt this was not reasonable.
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 / 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 $75/bbl.
So, we all contributed to spending $3 billion to save $350 million.
How good a deal was that ???
They'll probably do a great job with health care though!!
Still think the USG is worth defending?
Washington is Broken
Corruption Reigns Supreme
Tea Party Commercial
Oct. 4 - Pro-Life Rallies
Nov 4, 2009 - National Strike
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