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tangent4ronpaul
09-14-2009, 09:24 PM
This was a comment in reply to Dr. Paul's latest message - it was just too good not to share.

-t

Here is some clunker math.
Reminds me of Mr. Perot’s flip charts (East Texas powerpoint presentation) …. Stay with me now------


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 U.S. 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 one quarter of one day's U.S. consumption.

- And, 5 million barrels of oil costs about $375 million dollars at $75/bbl.

- So, we taxpayers contributed $3 billion to save $375 million. (or 25% of one day's consumption)

------- How good a deal was that?

Just imagine how good dthe Feds will do with health care.

brandon
09-14-2009, 09:35 PM
Well to be fair...if we were to use those numbers the savings would be $350 million a year, not $350 million total. So in about 8.5 years the savings would be equal to the cost.

Bruno
09-14-2009, 09:56 PM
Well to be fair...if we were to use those numbers the savings would be $350 million a year, not $350 million total. So in about 8.5 years the savings would be equal to the cost to the environment.:rolleyes:

fixed