I just got this email and wanted to share it


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 gasoline consumption by 320 gallons per year.

They claim 700,000 vehicles - so that's 224 million gallons a year. That equates to about 5.26 million barrels of oil. 5.26 million barrels of oil is about 1/4 of one day's US consumption. And 5 million barrels of oil costs about $350 million dollars at $75/bbl.

So, we all contributed to spending $3 billion to save $350 million.

They'll probably do a better job with health care though.