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Obama Meets Automakers to Set New Fuel Efficiency Standards


Last week, US President Barack Obama unveiled a new deal with automakers regarding fuel economy standards. He said that the application of these standards will diminish the US dependence on foreign oil.

Obama, flanked by the chiefs of Honda and Toyota as well as the heads of Ford, General Motors and Chrysler is convinced that the new car efficiency standards will help people save money.

“This agreement on fuel standards represents the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil. By 2025, the average fuel economy of their vehicles will nearly double to almost 55 miles per gallon,” or 23.4 kilometers per liter, the US president said in a speech at a convention center in Washington.

In 2009, the average fleet fuel consumption for vehicles in the US was 25 miles per gallon and it is expected to be increased at 35.5 miles per gallon by 2016.

After the implementation of the new miles-per-gallon requirements, most light trucks will have to reach 30 miles per gallon and passenger cars 39 miles per gallon by 2016. Due to revolutions that took place in oil-producing states across the North Africa and Middle East this year, gasoline prices have reached historic levels in the US.

Obama believes that these standards will have a great impact on automakers, who will develop new engine technologies and hybrid products. This way, new jobs in cutting-edge industries across America will also be created.

[via Physorg]

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