A good one$$$$> > The person who calculated this bit of information is now, and has been a professor at the University of West Virginia in Morgantown for the last
> > 40 some years.
> >
> > He says that:
> >
> > A clunker that travels 12,000 miles a year at 15 mpg uses 800 gallons of gas a year.
> >
> > A new vehicle that travels 12,000 miles a year at 25 mpg uses 480 gallons of gas a year.
> >
> > So, the average Cash for Clunkers transaction reduced gasoline consumption by 320 gallons per year.
> >
> > The government claims 700,000 clunkers have been replaced so that is 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.
> >
> > They spent $8.57 for every $1.00 they saved.
> >
> > I'm pretty sure they will do a much better job with our healthcare though...NOT!!!!!!!
SM1's BLOG 4 U: AN AGGREGATION OF CONSERVATIVE VIEWS, NEWS, SOME HUMOR, & SCIENCE TOO! ... "♂, ♀, *, †, ∞"
Monday, December 17, 2012
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