Oil - USA - Closing Fuel Economy Loopholes Can Save Consumers Billions
New administration rules must plug leaks in America's oil security plan
Nevada City,CA,USA -YubaNet, by: UCS -Aug 19, 2005: -- Closing three loopholes in national fuel economy standards can reduce U.S. oil dependence by nearly 1 million barrels per day and save consumers $14 billion per year within a decade, according to a report released today by the Union of Concerned Scientists (UCS)... The report, "Fuel Economy Fraud: Closing the Loopholes That Increase U.S. Oil Dependence," tackles loopholes in fuel economy standards and investigates problems in the tax system that encourage automakers to produce gas-guzzlers... The Next Loophole? - NHTSA could implement a new system of fuel economy standards based on vehicle size or weight without including an oil savings backstop requirement. This would create a new family of loopholes that reward automakers for supersizing their trucks...
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