The Obama administration proposes to raise fuel efficiency to an average of 56.2. miles per gallon by 2025, putting the U.S. on par with Europe. If achieved, average 2025 fuel efficiency would double its current level. Supporters claim the higher standards will save gasoline, reduce global warming, and cut oil imports.
The administration neglects one important fact: Europe achieves higher average fuel efficiency because its gas prices are more than twice ours. Europe’s astronomical gas prices, not EU standards, cause Europeans to purchase fuel-efficient cars.
For the U.S. to achieve average European fuel efficiency, we must have European-style gas prices!