Wednesday, August 29, 2012

How the Obama Administration Helped Revive the U.S. Auto Industry

How the Obama Administration Helped Revive the U.S. Auto Industry

The Obama administration is about to promulgate fuel-economy and carbon-pollution limits for 2017 to 2025 model cars. These essential standards will reduce oil use, save families money from lower gasoline purchases, create jobs, and reduce emissions responsible for climate change. Under these new standards U.S. companies will produce vehicles that employ modern fuel-saving technologies and ensure that their cars remain competitive with foreign models during future oil and gasoline price shocks. Recent events reemphasize the importance of reducing…Read more...http://oilprice.com/Energy/Energy-General/How-the-Obama-Administration-Helped-Revive-the-U.S.-Auto-Industry.html


US hikes mileage standards for cars, trucks

Washington (AFP) Aug 28, 2012
The Obama administration issued national fuel economy rules Tuesday that require the new cars and trucks in 2025 to average nearly double the fuel mileage of 2012 model vehicles. President Barack Obama said the new fuel economy standards "represent the single most important step we've ever taken to reduce our dependence on foreign oil." "This historic agreement builds on the progress we'http://www.spacemart.com/reports/US_hikes_mileage_standards_for_cars_trucks_999.html
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