Wednesday, September 16, 2009

Govt math



24 HOURS IN A DAY, 24 BEERS IN A CASE, "COINCIDENCE", I DON'T THINK SO !!!

I guess I must be 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 ? 

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!!

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