Posted on 07/29/2011 11:07:29 AM PDT by WOBBLY BOB
WASHINGTON—Ushering in the largest decrease in auto fuel consumption since the 1970s, President Barack Obama and automobile manufacturers Friday announced a deal that will save drivers money at the pump and dramatically cut heat-trapping gases coming from tailpipes. The agreement pledges to double overall fuel economy to 54.5 miles per gallon by 2025, bringing major under-the-hood changes for the nation's automobiles starting in model year 2017. Cars and trucks on the road today average 27 miles per gallon.
"This agreement on fuel standards represents the single most important step we have taken as a nation to reduce our dependence on foreign oil," Obama said, sharing the stage with top executives of the major auto makers before a backdrop of some of the most cutting-edge cars on the road.
"Just as cars will go further on a gallon of gas, our economy will go further on a barrel of oil," Obama said.
When achieved, the 54.5 mile-per-gallon target will reduce U.S. oil consumption from vehicles by 40 percent and halve the amount of greenhouse gas pollution coming out of exhausts.
(Excerpt) Read more at twincities.com ...
Correct me if I’m wrong, but since when did the power of the Presidency reach to making deals with car companies?
I thought CONGRESSS made laws!
HAHAHAHAHA Nice touch, the teleprompters.
when do they let the hydrogen development out of the bag?
Right after 0bumbles gets the three or more miracles needed to make Hydrogen feasible ........................ FRegards
Plug-in hybrid Trabants for all!
Nanny State PING!
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Ping
Or they'll do it without tech, and just sell you an Escort and charge you for the Expedition anyway (which amounts to the same thing on your end).
What he really means is that he hopes our economy will go farther on a barrel of BULLSHIT.
Sounds like when they're trying to sell you those new shitty washers.
"Oh, it'll save you hundreds on water over the next 10 years if you pay us an extra thousand now, plus live with a badly designed machine that costs $$$$$ to fix."
That's BEFORE you allow for having to live with whatever design compromise they made to get there. The car will be lighter or more complicated, or have less ACTUAL useful features like AC, or some combination.
“Just as cars will go further on a gallon of gas, our economy will go further on a barrel of oil,” Obama said.”
Not true. There will simply be more cars on the road to offset the savings.
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