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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Hereford on March 15, 2010, 10:58:38 AM

Title: Cash for Clunkers math
Post by: Hereford on March 15, 2010, 10:58:38 AM
Oilfield Math; Old news now but still interesting to think about...

Working in the oilfield with others such as myself and a wealth of combined experience we understand the accuracy of the following.

      Think of it this way:

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

      A vehicle that travels 12,000 miles a year at 25 mpg 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 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.

      That means we spent $8.57 for every $1.00 we saved.

      I'm pretty sure they'll do a great job with our health care, though.
Title: Re: Cash for Clunkers math
Post by: Soul Crusher on March 15, 2010, 11:05:07 AM
Oilfield Math; Old news now but still interesting to think about...

Working in the oilfield with others such as myself and a wealth of combined experience we understand the accuracy of the following.

      Think of it this way:

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

      A vehicle that travels 12,000 miles a year at 25 mpg 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 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.

      That means we spent $8.57 for every $1.00 we saved.

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


I am in a facebook argument with about 5 libs who are trying to convince me how great ObamaCare is.  For the first time in my life I realize how the eposide involving Jim Jones occured. 

Title: Re: Cash for Clunkers math
Post by: Skip8282 on March 15, 2010, 05:29:20 PM
I am in a facebook argument with about 5 libs who are trying to convince me how great ObamaCare is.  For the first time in my life I realize how the eposide involving Jim Jones occured. 




lol
Title: Re: Cash for Clunkers math
Post by: BodyProSite on March 16, 2010, 12:58:29 AM
peoples stupidity is simply fucking amazing