29 Sep '11, 5pm

new vehicle mileage standards could save more oil than comes out of the Gulf of Mexico so that's good

new vehicle mileage standards could save more oil than comes out of the Gulf of Mexico so that's good

Doubling the efficiency of current light-duty vehicles could save two million barrels of day within a decade, compared to the 1.6 million barrels per day that have come from the decades of developing offshore oil production in the Gulf of Mexico. The data comes from the U.S. Department of Energy report, First Quadrennial Technology Review (PDF). The report, which will be updated every four years, splits energy into two separate buckets: transportation and electricity. The report notes that there is about 6 percent turnover rate in light-duty vehicles every year, and if each old car were replaced by something twice as efficient, fuel consumption would drop by 3 percent per year. Over 10 years, that would be 30 percent, or 2.7 million barrels per day. Although President Obama is currently being attacked for clean energy loans after the Solyndra mess and he has backed away fr...

Full article: http://www.greentechmedia.com/articles/read/stat-of-the-d...

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