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 40 mpg uses 300 gallons a year.
So, the average Cash for Clunkers transaction will reduce US gasoline consumption by 500 gallons per year.
They claim 700,000 vehicles so that's 350 million gallons saved per year.
That
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