09-13-2009, 04:53 PM
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Registered User
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Join Date: Apr 2006
Location: Greenwich, NY
Posts: 223
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Cash For Clunkers.....Figured Out!!!
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!! 
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1997 Polo Green SVX LSI #316 49,000, garage queen, aka "The Green Queen" 1997 Brilliant Red SVX LSI #200, 167,000, daily driver, aka"Rosie's Rocket I" 1997 Brilliant Red SVX LSI#234, 106,000, summer driver, aka"Rosie's Rocket II"
1988 Red & White Silverado, aka "The Hauler"
2000 GRAND MARQUIS LS w/ handling package, aka "BIG BLUE" 
1988 Mazda RX7 Convertible, aka " Lil Blue "
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