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Valuing Cutting Oil Dependency: And the new auto standard deal

May 20th, 2009 · 2 Comments

The announced deal to strengthen auto mileage standards, aiming for a fleet average of 35.5 miles per gallon by 2016, has many implications. One of these is, quite clearly, reduced oil use. According to President Obama we will save 1.8 billion barrels of oil over the lifetime of the vehicles sold in the next five […]

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Tags: analysis · energy efficiency