oil field math

Discussion in 'Humor' started by luger306, Mar 26, 2010.

  1. luger306

    luger306 Active Member

    Messages:
    40
    Joined:
    Nov 30, 2008
    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.
     
  2. winmag

    winmag Well-Known Member

    Messages:
    2,528
    Joined:
    Dec 23, 2009
    Well if that dont beat all..... Hmmm.
    Ya, I bought an 07' 1/2 ton 4door 4x4 Dodge Larimie with a Hemi in 2008. And I LOVE it! Never traded anything in on the $ for clunkers thingy.
    I got my $45,000 hemi for $23,000 cause everyone was scared to death about the price of gas. Now I can get 22.6mpg(hwy) or 12mph(fun) depending on my mood, and I like it that way. Heck for the $22,000 price difference, I could get 12mpg all the time and still be ahead! While everyone else was buyin ''rice grinders'' way over sticker price, I got my American dream pickup. (my wife thinks its hers.....:rolleyes:)
    lightbulbWouldnt it be a strange concept if our govt had to live on a budget and be frugle, and only spend $ when they could bennifit from it, like the rest of us? But then again us average joes cant afford $30,000 coffee pots etc. And I can see how a realy expensive (pork filled) coffee pot would make way better coffee...... Maybe even good enough coffee to be able to stay awake for math class!
    I think we need some tough s.o.b.''Roughnecks'' ballancing our budget in Wasington! They know math AND oil ! And they could double as a secutrity force as well.:D OK, maybe bouncers, but thats a form of security right? hahaha
    Thanks for posting Luger! (oil field math....) I like your style, and ya, Im sure with thier current record, our healthcare is in great hands...............
     
    Last edited: Mar 27, 2010