Obama to Announce New Fuel Economy Standards on Friday

Wednesday, 27 Jul 2011 05:06 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON — President Barack Obama plans to announce new fuel economy standards for cars and light trucks for the model years 2017 through 2025 at an event Friday in Washington.

The administration has been in negotiations with automakers on boosting fuel economy.

Officials familiar with the talks told The Associated Press this week that recent changes to the standards for light trucks have reduced the proposal to 54.5 miles per gallon by 2025. The administration's initial target for cars and light trucks was 56.2 miles per gallon last month.

White House press secretary Jay Carney said Wednesday that this new round of standards will save consumers money, reduce oil consumption, cut pollution and create jobs.

In 2009, automakers agreed to raise fuel economy standards to 35.5 miles per gallon by 2016.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Teenager Survives Flight over Pacific in Jet Wheel Well

Monday, 21 Apr 2014 07:40 AM

A teenage boy who ran away from home survived a five-hour flight in the freezing wheel well of a jetliner that reached 3 . . .

Boston Bombing Nightmare Leads Survivor to Dream Startup

Monday, 21 Apr 2014 06:15 AM

Hours after the blast that ruptured an eardrum and left a 9-inch gash in one leg -- but spared her life -- Amanda North  . . .

Public Funding for U.S. Colleges Rebounds After Years of Decline

Monday, 21 Apr 2014 06:12 AM

Public funding for U.S. colleges increased for only the second time in five years last year, following declines that for . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved