Oilfield Math - Great Lakes 4x4. The largest offroad forum in the Midwest

Go Back   Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > The Pub
GL4x4 Live! GL4x4 Casino

The Pub A friendly forum where everybody is nice, and will answer any questions you have about life.

greatlakes4x4.com is the premier Great Lakes 4x4 Forum on the internet. Registered Users do not see the above ads.
Search
Reply
 
Thread Tools Search this Thread
Old March 1st, 2010, 05:11 PM   #1
IDIeselman
Senior Member
 
IDIeselman's Avatar
 
Join Date: 03-23-07
Location: ludington mi
Posts: 1,848
iTrader: (18)
Mentioned: 0 Post(s)
Default Oilfield Math

Oilfield Math

Working in the oilfield with others such as myself and a wealth of combined experience we understand the accuracy of the following.
Think of it this way:
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 a year.
So, the average Cash for Clunkers transaction will reduce US gasoline
consumption by 320 gallons per year.
They claim 700,000 vehicles 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 dollar we saved.
I'm pretty sure they will do a great job with our health care, though.
IDIeselman is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old March 1st, 2010, 05:14 PM   #2
Pokerob
hug life
 
Pokerob's Avatar
 
Join Date: 10-25-06
Location: G-Rap, MI
Posts: 10,148
iTrader: (25)
Mentioned: 1 Post(s)
Default

repos t

did you copy and paste that from an email?
Pokerob is offline   Reply With Quote
Old March 1st, 2010, 05:35 PM   #3
IDIeselman
Senior Member
 
IDIeselman's Avatar
 
Join Date: 03-23-07
Location: ludington mi
Posts: 1,848
iTrader: (18)
Mentioned: 0 Post(s)
Default

Nope another site, Our check needs an update!
IDIeselman is offline   Reply With Quote
Reply
Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > The Pub

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:13 PM.


Powered by: vBulletin, Copyright 2000 - 2012, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Page generated in 0.08857 seconds with 29 queries