Wednesday, February 25, 2009

Abedin-Abdullah proposal for short term job creation

The Proposal: Mandate every state to have mandatory full service gas station like my own state Oregon.At least 4 new jobs per gas station. There should be a recovery gas tax and the new jobs will be funded by this gas tax by the owner. This proposal is a temporary plan and may mandate for next two years only. After two years, this could be extended to fund alternative energy initiatives to reduce dependency on foreign oil.Based in 1997 statistics, there are 126,262 gas stations for the lower 48; hence this plan may immediately create half million jobs assuming on average 4 jobs per station. Although these jobs may be per time and low pay; however it may be better than pan handling or food banks or even social security checks.

Thanks to Abedin Bhai for bringing this up during lunch conversation at the Intel's cafeteria today.

All gas stations in U.S.: 126,889
Alaska: 267
Hawaii: 360
Gas stations with convenience stores: 81,684
The following are the 113,000 stations that have been open more than ayear:
Gas stations with sales less than $500,000: 18,802
Gas stations with sales $500K - $1 million: 24,103
Gas stations with sales $1 million - $2.5 million: 49,482
Gas stations with sales over $2.5 million: 20,465
The data comes from the U.S. 1997 Economic Census "Establishment &Firm Size, Retail Sector" (October, 2000)http://www.census.gov/prod/ec97/97r44-sz.pdf

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