The person who calculated this bit of information is a professor at The University of West Virginia in Morgantown, West Virginia.

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 of gas a year.

So, the average Cash for Clunkers transaction will reduce gasoline consumption by 320 gallons per year.

The government claims 700,000 clunkers have been replaced 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.

We spent $8.57 for every $1.00 we saved.

I’m pretty sure they will do a better job with our health care!.

10 thoughts on “CLUNKER MATH

    • Do you have any idea how hard it is for a youngin’ to get into a car these days, all on their own!? They either want to finance it on your parents credit, have a cosign, or want a mad down payment. I went through nearly ten dealerships last Summer, trying to get into my first car. MOST DIFFICULT TIME OF MY LIFE. When one idiot salesmen was’t trying to sell me on racing stripes (seriously, racing stripes? I DONT GIVE A FLYING F ABOUT RACING STRIPES!), he was talking about $4000 down minimally for something no more than $15,000. I don’t have terrible credit either. There’s people out there getting financed for a pretty nice vehicle on worse credit than mine. I pay all my bills on time. I’m paying off student loans, so what’s the deal!? Then there’s the whole insurance thing. I guess I have the hot shot street racers of my generation to thank for the ridiculous rates…

  1. Oh my GOD………………… snopes says it wasn’t correct. To me that is proof positive that it is POSITVE. James go back to screwing up the minds of college kids and drinking your kool-aid.

  2. “Perhaps especially if that source is a supposed “college professor” — which, weirdly, sometimes you guys seem to think adds credibility, if you have no idea who the fictional professor is. Even in West Virginia I suspect they hire better than this.”

    Obviously, THEY DON’T IN Washington……………..

Talk Amongst Yourselves:

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.