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Tag Archives: imported oil
President Obama Unveils 54.5 MPG Fuel Economy Regulation for 2017-25. Will it Alter Vehicle Choices and Increase Costs?
In a thirteen minute speech in Washington this morning, President Obama revealed his proposal for doubling the fuel economy of vehicles sold in the U.S. by 2025. This proposal, which will apply to cars and light trucks sold during model years 2017 to 2025, establishes a global warming pollution standard of 163 grams of CO2 per mile per new vehicle by 2025—the equivalent of 54.5 mpg if all the improvements are met through actual increases in fuel-efficiency. Continue reading
Americans Flying More, Driving Less as High Gasoline Prices Cut Auto Travel during the (Non) Independence Day Weekend
Travelers with household incomes of $50,000 or less is expected to decrease from 41% to 33%, while travelers with household incomes of more than $100,000 are expected to increase to 35% from 26%. Continue reading
