Obama Signs New Fuel-Efficiency Rules

Thursday, April 01, 2010

President Barack Obama is expected to sign new fuel-efficiency requirements for cars and trucks today. The president says he hopes the rules will save 1.8 billion barrels of oil.

The Associated Press reports that for 2016 model-year vehicles, fuel efficiency targets are being set at 35.5 miles per gallon combined for cars and trucks, an increase of nearly 10 mpg over current standards.

The president's tough gas mileage standards may not appease environmentalists though. Many are upset about the new White House offshore drilling plan announced yesterday. that plan opens up large sections of the country's coastline to oil and natural gas dilling. President Obama says the decision to reverse existing drilling rules was difficult but that it's a step towards building a green economy and making the U.S. energy independent.

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