Obama to announce new fuel standards
Story Date: 7/28/2011

 

Source: Amy Harder, NATIONAL JOURNAL, 7/27/11

In what will represent the administration’s biggest move on energy policy this year, President Obama on Friday will announce that his administration has struck a deal with the nation’s biggest automakers to ramp up vehicle fuel-economy standards to 54.5 miles per gallon by 2025, industry and congressional sources said. The higher standards could slash U.S. fossil-fuel emissions and oil consumption and drive major changes in U.S. auto manufacturing.

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