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mitchntx
post Aug 25 2009, 12:32 AM
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nape
post Sep 30 2009, 02:08 AM
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According to the info on this site, anywhere from 19.5 to 28 gallons per barrel. A barrel actually seems to be 42 gallons vs. the 55 gallons I had imagined: http://www.newton.dep.anl.gov/askasci/eng99/eng99288.htm

Plugging those numbers into the calculation it saves 8-11.5 million barrels of oil to come up with the same amount of gasoline. It's not completely true because the other parts of the barrel can be refined into products as well.

Anyway, 8-11.5M bbl x $70/bbl = $560M-$805M

They also forgot to figure in that's the savings PER YEAR. So, on the $3B spent, it will take 3.7 to 5.3 years to equal the reduction in dependence on foreign oil vs. if they had just given out $3B in free gas. Assuming you just gave everyone over the age of 18 a gas gift card, everyone could've got $13.33 worth of gas...
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Posts in this topic
mitchntx   Cash for clunker   Aug 25 2009, 12:32 AM
ERVRCG   OMG!!!   Aug 25 2009, 02:24 AM
trackbird   Holy mother of god. I always wanted one of those.....   Aug 25 2009, 02:40 AM
cccbock   QUOTE (trackbird @ Aug 24 2009, 10:40 PM)...   Aug 26 2009, 10:27 PM
trackbird   QUOTE (cccbock @ Aug 26 2009, 06:27 PM) M...   Aug 26 2009, 11:59 PM
cccbock   QUOTE (trackbird @ Aug 26 2009, 07:59 PM)...   Aug 27 2009, 12:38 AM
Pony Exp.305   after cash for clunker, should be going straight t...   Aug 25 2009, 03:57 AM
Torque   might be a good time to make friends with some ske...   Aug 25 2009, 05:09 AM
Rob Hood   I sincerely hope this on-the-job training program ...   Aug 25 2009, 06:00 AM
rpoz-29   I had a salesman at a local Toyota dealer ask if I...   Aug 25 2009, 01:27 PM
trackbird   At least one of them is. (Psst. My Camaro doesn...   Aug 27 2009, 01:13 AM
CMC #37   Bummer! I looked at one of the clunker list...   Aug 27 2009, 02:33 AM
Rob Hood   The whole thing was a farce. It perpetuates plann...   Aug 27 2009, 04:01 AM
00 Trans Ram   Not only all that, but think about "most...   Aug 27 2009, 01:52 PM
BrianChevy   vette footages follows: (this is very hard to wat...   Aug 28 2009, 09:32 PM
trackbird   QUOTE (BrianChevy @ Aug 28 2009, 05:32 PM...   Aug 29 2009, 03:45 PM
rpoz-29   What year was that? What a shame, I wonder what it...   Aug 29 2009, 10:22 PM
trackbird   Looked like an '85 to me.   Aug 29 2009, 10:42 PM
slowTA   Wow, that TA has better paint than mine.   Aug 29 2009, 11:52 PM
sawedoff   This is absolutely wicked, and wrong. It's a s...   Aug 30 2009, 01:30 AM
trackbird   QUOTE (sawedoff @ Aug 29 2009, 09:30 PM) ...   Aug 30 2009, 03:38 AM
wannafbody   QUOTE (trackbird @ Aug 29 2009, 09:38 PM)...   Aug 30 2009, 06:51 PM
CrashTestDummy   QUOTE (sawedoff @ Aug 29 2009, 08:30 PM) ...   Sep 1 2009, 01:20 PM
Beach Cruiser   My son works at a Honda dealership, he has the tas...   Aug 31 2009, 11:20 AM
wdtiger   Such a crappy program. A friend and I got to talki...   Sep 1 2009, 09:57 AM
wannafbody   A lot of these cars could have been donated to cha...   Sep 6 2009, 08:01 PM
Major_Lee_Slow   I drive by a junk yard every day on my way to work...   Sep 28 2009, 11:26 PM
CrashTestDummy   QUOTE (Major_Lee_Slow @ Sep 28 2009, 06:2...   Sep 29 2009, 02:27 PM
Major_Lee_Slow   QUOTE (CrashTestDummy @ Sep 29 2009, 09:2...   Sep 29 2009, 02:51 PM
JKnight   QUOTE I thought it was just the motors that couldn...   Sep 29 2009, 03:05 PM
nape   Eric, which yard? It might be time to go shopping   Sep 29 2009, 01:43 AM
Major_Lee_Slow   QUOTE (nape @ Sep 28 2009, 08:43 PM) Eric...   Sep 29 2009, 12:47 PM
Rob Hood   Some of those cars may be repo's - repo busine...   Sep 29 2009, 02:17 AM
TwistedFocus   Somewhat related, I received this internet "f...   Sep 29 2009, 08:28 PM
Major_Lee_Slow   WOW, I wonder how accurate that is. On the surfac...   Sep 30 2009, 12:25 AM
nape   The conversions all seem correct, however, that as...   Sep 30 2009, 01:44 AM
nape   According to the info on this site, anywhere from ...   Sep 30 2009, 02:08 AM
TwistedFocus   QUOTE (nape @ Sep 29 2009, 10:08 PM) Acco...   Sep 30 2009, 11:54 AM

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