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.
-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.