Relieving Pain at the Pump: Thanks to Stronger Standards, Consumers Have More Fuel-Efficient Choices
As gas prices are once again soaring, the oil industry and its allies are renewing their calls for more drilling, more pipelines, and continued taxpayers subsidies. But the reality is that greatly increased domestic drilling has failed to lower gasoline prices and had no impact on stopping the latest spike in global oil prices. The good news is that with the proposed standards that require the equivalent of 54.5 miles per gallon (mpg), new cars by 2025 will get twice the fuel efficiency and use half of much gas as today’s cars. But the best news is that drivers do not have to wait until 2025 to reap the cost savings benefits of stronger fuel efficiency standards. In fact, thanks to the first phase of these stronger standards that started in model year (MY) 2012, a bumper crop of fuel-efficient cars are in the showrooms today. Drivers can start saving money immediately by trading in their gas guzzlers for today’s gas sippers.