Obama Administration Finalizes Historic 54.5 mpg Fuel Efficiency Standards
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Consumer Savings Comparable to Lowering Price of Gasoline by $1 Per Gallon by 2025 WASHINGTON, DC – The Obama Administration today finalized groundbreaking standards that will increase fuel economy to the equivalent of 54.5 mpg for cars and light-duty trucks by Model Year 2025. When combined with previous standards set by this Administration, this move will nearly double the fuel efficiency of those vehicles compared to new vehicles currently on our roads. In total, the Administration’s national program to improve fuel economy and reduce greenhouse gas emissions will save consumers more than $1.7 trillion at the gas pump and reduce U.S. oil consumption by 12 billion barrels. “These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil,” said President Obama . “This historic agreement builds on the progress we’ve already made to save families money at the pump and cut our oil consumption. By the m...