Fuel Economy Standards Formally Announced

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Posted: Monday, November 21, 2011 11:15 pm

WASHINGTON -- The White House has formally announced its tighter fuel-economy standards for cars and light duty trucks. The new standards, a combined 54.5 miles per gallon by 2025, will apply to model year 2017 to 2025 vehicles.

The proposed regulations were formulated jointly between the Environmental Protection Agency and the Department of Transportation, and the Obama administration is praising them as a move which will save consumers thousands of dollars at the pump. Of even greater importance, it is a huge step for the national and energy security, weakening dependence on foreign oil.

SAFE has long advocated for increasing fuel economy standards, which can be reached through technology improvements and alternative fuels such as hybrid and electric vehicles. Securing America's Future Energy President and CEO Robbie Diamond remarked, "Improving fuel efficiency standards is an essential component to address the threats posed by the nation's oil dependence, the administration should be commended for publishing the proposed rule so they can progress through the rulemaking process as quickly as possible.

"As the proposed standards are debated between now and the expected publication of a final rule next summer, it is critical to recognize that cars and trucks, which use the majority of our oil to power our economy, are almost completely dependent on oil," continued Diamond. "Improving fuel efficiency standards will have a direct and immediate impact on our energy security. These improvements in efficiency will strengthen our economy and our national security by reducing substantially our oil consumption and its attendant risks."

SOURCE: Securing America's Future Energy


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