Obama touts finalization of fuel standards: cars, light-duty trucks – 54.5 mpg by 2025

“These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil,” President Obama said in a statement. “This historic agreement builds on the progress we’ve already made to save families money at the pump and cut our oil consumption.  By the middle of the next decade our cars will get nearly 55 miles per gallon, almost double what they get today.  It’ll strengthen our nation’s energy security, it’s good for middle class families and it will help create an economy built to last.”

Full announcement via Obama touts finalization of fuel standards | POLITICO 44 – POLITICO.com.