President Obama Eyes Fuel Economy Target Near 60 mpg (of what?)

But First Snide's Remarks; MPG is a code word for screw Americans "let them keep using gasoline"...if we were all using domestic, sustainable and green, High-test Flex-fuel (e-85),CNG, Propane, BioDiesel or even a Flux Capacitor,� MPG would become just another personal economic choice, not a national security issue. �What should be most important is not your vehicle's MPG but which fuel your car or truck uses.

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WASHINGTON, DC - October 1, 2010: The AIADA newsletter reported that Automotive News said that the Obama administration may recommend that automakers increase the fuel economy of their vehicles to as much as 62 miles per gallon, almost double the current goals, by 2025.

The U.S. may announce as soon as Friday a goal to raise fuel economy 3 percent to 6 percent a year starting in 2017, according to Dan Becker of the Safe Climate Campaign and Roland Hwang of the Natural Resources Defense Council. A 3 percent boost would result in a fuel-economy standard of 47 mpg by 2025 and a 6 percent target would push the level to 62 mpg, they said.

Environmentalists are pressing for more aggressive fuel-economy targets after President Obama in a rule last April required automakers to meet 5 percent annual increases, building to 35.5 mpg for 2016 models. In May, Obama ordered federal regulators to release a timeline and potential targets for 2017-2025 models.

Amid the speculation of higher fuel economy standards, USA Today reports that, according to a study by the National Research Council of the National Academy of Sciences, car buyers can expect to pay a steep premium for fuel saving technology – up to $9,000.

Click here to read more on a possible increase in fuel economy standards.

Click here for more on what such an increase could cost consumers.