I had this on the other thread rickshaw started, so in case you did not see it, and saddened by the loss of our 15 brothers/sisters, here is how successful the program was if you break it down this way:
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 clunker transaction will reduce US gasoline consumption by 320 gallons per year. They claim 700,000 vehicles – so that's 224 million gallons per 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 $75 per bbl.
So, we all just spent $3 billion...to save $350 million.
Hmmmmmmmmm. How good a deal was that?
But, I'm thinking that they’ll probably do a great job with health care, though!
and if GM had to file bankruptcy , where did they get the money to expand their manufacturing plant in China ???







Reply With Quote
), if the environment got so screwed up in the long run that it was no longer liveable, there would be nowhere to spend the money being saved on the fuel being pumped through those vehicles that were continuing to exponentially screw up the environment.

