SOP!

[stefen]

Cash for Clunkers

I guess they have their facts and figures right; just maybe I am on the wrong page…

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 great job with health care though!!

Don't ya just love to crunch numbers to support a valid arguement

 

[Monty]

The only problem with giving every adult a million dollars is that thing called relativity. If every one got a million dollars, a dollar would only be worth about 3 cents! Monty

 

[Saturna]

The only problem with giving every adult a million dollars is that thing called relativity. If every one got a million dollars, a dollar would only be worth about 3 cents! Monty

Hey you kids, stop playing with that money!