- A bored statistician has been busy again...
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- A vehicle at getting 15 mpg and doing 12,000 miles per
year uses 800 gallons a year of gasoline.
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- A vehicle at getting 25 mpg and doing 12,000 miles per
year uses 480 gallons a year.
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- So, getting rid of each average clunker will reduce US
gasoline consumption by 320 gallons per clunker per year.
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- They claim 700,000 vehicles were taken in during the
clunker program - so that's 224 million gallons per year saved.
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- That equates to a bit over 5 million barrels of oil.
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- 5 million barrels of oil is about 1/4 of one day's US
consumption.
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- And, 5 million barrels of oil costs about $350 million
dollars at $75 a barrel.
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- So, we all contributed to the spending of $3 billion
dollars...to save $350 million.
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