Skip to comments.President announces deal to boost fuel economy
Posted on 07/29/2011 11:07:29 AM PDT by WOBBLY BOB
WASHINGTONUshering in the largest decrease in auto fuel consumption since the 1970s, President Barack Obama and automobile manufacturers Friday announced a deal that will save drivers money at the pump and dramatically cut heat-trapping gases coming from tailpipes. The agreement pledges to double overall fuel economy to 54.5 miles per gallon by 2025, bringing major under-the-hood changes for the nation's automobiles starting in model year 2017. Cars and trucks on the road today average 27 miles per gallon.
"This agreement on fuel standards represents the single most important step we have taken as a nation to reduce our dependence on foreign oil," Obama said, sharing the stage with top executives of the major auto makers before a backdrop of some of the most cutting-edge cars on the road.
"Just as cars will go further on a gallon of gas, our economy will go further on a barrel of oil," Obama said.
When achieved, the 54.5 mile-per-gallon target will reduce U.S. oil consumption from vehicles by 40 percent and halve the amount of greenhouse gas pollution coming out of exhausts.
(Excerpt) Read more at twincities.com ...
Only privately owned vehicles have a carbon footprint.
This guys has flipped his wig. hate him
The mask is slipping form the DC Political media machine. The truth is coming out. This is why Progressive Facists in the 0-bot media are in hysteria today
The big DC political machine lie of this whole thing is the GOP needs a bill.
NO, the 0 Democrats need a bill. They are the party of spend. They are the ones who have to go to the voters in 2012 and defend their total mishandling of the economy for the last 4 years.
The GOP candidate in 2012 is going to be running against DC. The 2012 election will be a referendum on 0s Presidency.
Time for people to quit buying the propaganda fed them by the DNC Media-Political machine, the 0 Dems, not the GOP, will be hurt the worst by a failure to strike a deal.
Here what you do GOP, you tell the Senate Sorry but all your Debt bills are D.O.A. CCB was the compromise, if you want a bill, there it is..
Only 54.5 MPG?! Why not 100 or a 1,000. Pharoah just has to say it, it will be written, it will be done...
So if this goes the way everything else Obozo has touched then the fuel consumption of cars will get worse instead of better.
It’s like this guy is living in opposite land or bizzaro world.
He’s the biggest loser. Just wish we could say goodbye and kick him off the show.
f=ma remains as the law of physics. If the car survives, if the driver compartment survives, it means nothing if your brains and guts are turned to chum by the deceleration forces. Modern autos are designed with crumple zones for this reason- mitigate the forces before they reach the human. And to accomplish that goal, it takes area and distance, over which these forces are dissipated.
(IE: a bigger car)
Can I install some ‘heat trapping gas’ in the walls of my house as insulation?
The list, ping
Let me know if you would like to be on or off the ping list
I seriously thought this was satire. Seriously.
heckdang , yes! probably even get a subsidy to do so.
Everyone will be driving Mopeds!
A dumbass, Chicago community organizer has figured out how to get 54.5 miles per gallon?! Outstanding! I wonder how much THIS is going to cost us. BTW: Isn’t this admitting that the community organizer doesn’t have much “hope” for GM’s Voltswagen and other “electric” cars?
I'll bet meeting this new standard will add more than $8,000 to the cost of a vehicle.
This will be removed as soon as obama is replaced.
Obama is an idiot.
President Palin will reverse this deal.
And the “logic” is the increased cost of the cars will be offset by the fuel economy. So, why stop at 54.5, why not demand 100 mpg?
So what if a Focus costs $90k.
Let them eat cake.
First, this sentence is nothing but cheerleading prose from the media.
Second, they do not tell you that it will add $10,000 to the price of an automobile. So, you will save money at the pump, but lose money overall because it is more than offset by an increase in the price of the vehicle!
I bet 54.5 MPG came to him while he was sitting on the pottie or smoking the pottie
Well, if all those new cars are using that much less, then there will be lots of gas left over. Prices will go down, right?
Supply and demand, right?
FAR from warming the planet rapidly, man-made pollution might actually be contributing to a slowing of global warming, a US study suggests.
drive MORE NOW!
So did I! I kept looking for the sarcasm tag.
He'll ride around in that while the rest of us get this ....
Because DRILLING for our own damn oil is out of the question, thanks to you!
“drive MORE NOW!”
No one has any idea what’s going on. The only honest scientists are the ones that admit the climate changes, and the system is far to complex for us to decipher at this point in time.
In the early 70s they taught us particulate pollution was blocking out the sun’s energy, and we’d have an ice age by the year 2000. They also taught us acid rain would be so severe, you wouldn’t be able to go out in the rain without protection.
Garbage is what they tried to teach us.
As of today there are 2500 out of work Rocket Scientists (bye, bye NASA), and the big O will have them get right on this, no worries.
Dictator Obama has broken so many laws a few more won’t be of concern to him.
Now he has ordered the automobile manufacturers to break the laws of physics, mechanics and thermodynamics.
Nothing all that new here.
“Second, they do not tell you that it will add $10,000 to the price of an automobile. “
Interesting to put it in numbers. Let’s assume an average driver, driving a Ford Focus. That driver does around 15k miles a year, and gets 30mpg. That driver keeps the car 10 years, and the price of gas averages $5/gallon for the life of the car.
That’s 500 gallons of gas to go 15000 miles at $5/gal. = $2500 in gas, or $25,000 in gas for 10 years.
Now assume the driver pays an extra $10k for a new Focus that gets 54.5 mpg. That’s 275 gallons of gas to go 15000 miles. Or, $1375 a year. In 10 years it’s $13,750 in gas cost.
So, for the new improved Focus it will cost you $23,750, versus $25,000 for the old Focus. But, using an ugly interest environment of 2%, the $10k upfront is worth $12,190. That results in new Focus $12,190 cash cost + $13,750 fuel cost = $25,940 vs. $25,000 for the old Focus.
So, in reality, you will pay an extra $940 minimum, for the privilege of getting better gas mileage.
Your mileage may vary.
We are going to need bigger gallons and shorter miles real soon now!
Gotcha Boss, we'll get right on that for ya...(if ya can't raise the bridge ya can lower the water)
I don't see being able to haul Michelle's big fat A around with a car like that.
AMEN! I miss my ‘77 Cutlass, had at least half a mile of hood before the windshield taste-test. With my Chebby small block and quadrajet squirtin’ away I got 8 MPG (drove it like a rental).
To meet such a standard, one of the necessary changes will undoubtedly be a reduction of the weight and crashworthiness of the average car. They won’t be making tractor-trailers any smaller, though.
How many additional people will die every year because of this deal? Five hundred? One thousand? Several thousand?
But, hey, it’s a small price to pay for progress... /s
Look for this deal to bring increased employment of accident-site cleanup workers and mortuary technicians, as well as increased overtime pay for first-responders and bereavement counselors.
(Not that it would matter to Obama)
C’mon...forget Supply and Demand. The deep drop in the use of gasoline will drastically harm the TAX REVENUE of the many states (all) that need, feed off, and waste .
This will mean that gas itself drops to $.85 per gallon while the TAX climbs to $11.75.
This is a dilusional bit of nonsense.
Correct me if I’m wrong, but since when did the power of the Presidency reach to making deals with car companies?
I thought CONGRESSS made laws!
HAHAHAHAHA Nice touch, the teleprompters.
when do they let the hydrogen development out of the bag?
Right after 0bumbles gets the three or more miracles needed to make Hydrogen feasible ........................ FRegards
Plug-in hybrid Trabants for all!
Nanny State PING!
Or they'll do it without tech, and just sell you an Escort and charge you for the Expedition anyway (which amounts to the same thing on your end).