The Obama administration finalized the rule requiring automakers to roughly double the fuel efficiency of cars and light trucks by 2025, the White House announced on Tuesday.
Regulators unveiled the auto fuel efficiency proposal last November after nearly a year of negotiations among the administration, automakers and environmental groups.
The U.S. Environmental Protection Agency has estimated that the efficiency rule could reduce oil use by 2 million barrels per day.
That standard, 54.5 MPG, means we'll be moving in the right direction on new cars and trucks. Keep in mind gas prices have tripled in the last 12 years. 12 years from now? Not sure how much gas will be, but I'm pretty sure like the $1.25 a gallon I recall complaining about in 2000, today's $3.75 a gallon or so will be a fond memory 12 years from now...and you'll be thankful for your car getting that kind of mileage.
We'll see how it goes.
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