cash for clunkers....this isnt good

[george68hemirr]

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 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!!

 

[Roadcuda]

That's sounds about right for those so called law makers!

 

[SomeCarGuy]

Good, more gas for me and my RR :cheers:

Really though, it was a kick back to the UAW to keep them working and hopefully make their new gifts called Chrysler and General Motors turn a profit.

It is really a tax on poor people as well. There went their cash cars to buy. Look for a freebie for the poor next year about this time right before the election to help them with this gubment made problem.

 

[george68hemirr]

Good, more gas for me and my RR :cheers:

Really though, it was a kick back to the UAW to keep them working and hopefully make their new gifts called Chrysler and General Motors turn a profit.

It is really a tax on poor people as well. There went their cash cars to buy. Look for a freebie for the poor next year about this time right before the election to help them with this gubment made problem.

very true :yesnod:

 

[jays69bird]

Good, more gas for me and my RR :cheers:

Really though, it was a kick back to the UAW to keep them working and hopefully make their new gifts called Chrysler and General Motors turn a profit.

It is really a tax on poor people as well. There went their cash cars to buy. Look for a freebie for the poor next year about this time right before the election to help them with this gubment made problem.

Didn't work cause only two American cars on the top ten list and they were Ford's the company that didn't take gov.money

 

[jays69bird]

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 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!!

That's our government,step over a 20 dollar bill to pick up a nickel. :yesnod:

 

[roadrunnerh]

This administration LOVES to throw around OUR MONEY!

 

[george68hemirr]

This administration LOVES to throw around OUR MONEY!

you got that right :cheers: