Menendez, Lautenberg Applaud New Fuel Efficiency Standards Announced By Obama Administration
New Standards Will Reduce Dependence on Oil, Save New Jersey Car Owners Thousands At The Pump
August 28, 2012
NEWARK—U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today applauded the Obama Administration for finalizing new fuel efficiency and auto pollution standards that will double the fuel economy of new cars and trucks by 2025. The new standards announced by the U.S. Environmental Protection Agency (EPA) and Department of Transportation (DOT) will save car owners thousands at the pump, reduce pollution that contributes to global warming, and cut America's dependence on oil.
“Stronger fuel economy standards mean that New Jersey drivers will spend less time and money at the gas pump,” Senator Lautenberg said. “Making our cars and trucks go farther on a gallon of gas will clean up our air, save consumers money, and reduce America's reliance on oil. The Obama Administration’s bold action to double fuel efficiency will bolster U.S. leadership on fuel saving technology.”
“I applaud the Administration for finalizing these standards which will save consumers tens of billions of dollars at the pump,” said Senator Menendez. “By doing more with less gasoline we are safeguarding our drivers and our economy from high and volatile fuel prices. And by driving innovation in the auto industry, we are creating hundreds of thousands of new jobs while lowering emissions. This announcement is a home run for our drivers, our economy, and our environment.”
The rule announced today will increase fuel economy standards for new cars and light trucks to 54.5 miles per gallon by 2025. Combined with standards for vehicles sold in model years 2012-2016 that were previously finalized by the Obama Administration, these standards will save the average driver approximately $8,000 over the lifetime of their vehicle. In addition, these standards will cut global warming emissions from cars and light trucks in half by 2025 and reduce U.S. oil consumption by more than 2 million barrels per day in 2025, which is approximately half as much oil as the U.S. imports from OPEC.
Earlier this year, Lautenberg and Menendez joined 28 of their Senate colleagues in urging the Obama Administration to finalize its proposed fuel efficiency and auto pollution standards.
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