Government & Obama Math, I am glad we have all the Academians running our Country

Government & Obama Math, I am glad we have all the Academians running our Country

A 15 mpg clunker that travels 12,000 miles a year uses 800 gallons of gas a year.

A 25 mpg vehicle that travels 12,000 miles a 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 clunkers were turned-in, so that's 224 million gallons saved per year.

That equates to a bit over 5 million barrels of oil.

5 million barrels is about 5 hours worth of US consumption.

More importantly, 5 million barrels of oil at $70 per barrel costs about $350 million dollars

So, the government paid $3 billion of our tax dollars to save $350 million.

We spent $8.57 for every $1.00 we saved.

I'm pretty sure they will do a great job with our health care, though.

1 Comment

4 years 42 weeks ago, 10:39 AM

Pkato

Pkato's picture

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General
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Aug 2008
Location:
Fort Walton Beach, Florida, United States

I wonder where these numbers came from...

Patrolman Kato
Firearms stand next in importance to the Constitution itself.
They are the American people's liberty teeth and keystone
under independence. -- George Washington
samD's picture
Posted by: samD
4 years 42 weeks ago
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