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White House Set to Reveal Final Fuel Economy Rollback

The Detroit Bureau

Sometime in the coming week, the White House is expected to announce a modest 1.5% annual increase in fuel efficiency, rather than a summary freeze in vehicle mileage, but one that still falls well short of the current mandate.

The Trump administration’s “Safer Affordable Fuel-Efficient Vehicles Rule” attemps to justify a CAFE rollback in several ways, most notably by claiming that the push for better mileage would result in vehicles that are lighter and less likely to stand up to a crash.

The administration’s proposal would actually add $300 billion in higher fuel costs this decade. That figure is also a matter of debate and would depend on fuel prices. Gas is quickly falling towards a national average of under $2 a gallon and is already well below that in some areas. Fuel prices will likely recover once we get past the coronavius crisis.

Read the article at The Detroit Bureau.

The post White House Set to Reveal Final Fuel Economy Rollback appeared first on Fleet Management Weekly.


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