Wednesday, August 3, 2011

Obama Reveals Details of Gas Mileage Rules

President Obama announced new automobile fuel-efficiency standards on Friday that require an average 54.5 miles per gallon by 2025.

Administration officials said Friday that the new fuel rules also contained an intricate set of “credits” for auto companies to achieve the new target of 54.5 miles per gallon for their fleets in 14 years.

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