28 Aug '12, 5pm

New CAFE rules officially finalized; 54.5 mpg is like making gas $1/gallon cheaper

The reduced fuel use will save American families over $1.7 trillion dollars in fuel costs. Vehicles on American roads will use two million barrels of oil less per day by 2025, "as much as half of the oil we import from OPEC each day." More efficient cars will be more expensive, but LaHood said that the buyers can expect average fuel savings of $8,000 per vehicle (over the life of the vehicle) for a 2025 model year car compared to a similar vehicle from 2010, using today's prices. That's equivalent to gas being a dollar a gallon cheaper. You like lower emissions? The new standards will "reduc[e] emissions by 6 billion metric tons over the life of the program – more than the total amount of carbon dioxide emitted by the United States in 2010."

Full article: http://green.autoblog.com/2012/08/28/new-cafe-rules-offic...

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