Fuel efficient cars get presidential boost
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President Bush on Wednesday signed a sweeping energy bill that he said would help the country become "stronger, cleaner and more secure."
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With the price of oil and natural gas at nosebleed levels, you might imagine that energy policy would be a high priority in the current presidential campaign.
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The new approach supports President Bushâs goal of reducing gasoline consumption by 20 percent in 10 years.
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President Bush turned to alternative fuels to argue that his goal for reining in gasoline consumption in the coming decade was realistic.
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GREENER VEHICLES: The Senate passed a trimmed-back energy bill Thursday that would bring higher-gas mileage cars and SUVs into showrooms in the coming decade and fill their tanks with ethanol.
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This three-car pile up brought to you by ... George Bush. Drivers in battleground states are hearing live radio traffic reports sponsored by the Bush-Cheney campaign, apparently the first presidential ticket to adopt an approach typically favored by car dealerships.
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The energy bill President Bush signed last week mandating tougher fuel-economy standards sent a simple message to automakers: lighten up.
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Senators reached agreement yesterday on a proposal to increase automobile fuel economy standards to 35 miles per gallon, the first significant boost demanded of automakers in nearly 20 years.
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The heads of the domestic auto industry are pressing congressional leaders to revisit a plan to increase fuel efficiency standards that automakers say could hurt their industry.
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President Bush signed into law Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming
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U.S. Sen. Hillary Rodham Clinton on Saturday offered a double-barreled campaign message for the struggling U.S. auto industry: accept tougher fuel economy standards in exchange for federal help with the costly burden of retiree health care.
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Chief executives of U.S.- based automakers were told by Democratic leaders on Wednesday that higher fuel economy standards were headed their way, but the industry hopes to avoid sharply higher mileage targets.
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New vehicles are expected to set records for average gas mileage in 2007, driven by improved technology and demand for fuel-efficient vehicles, the government reported.
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By H. JOSEF HEBERT and KEN THOMAS WASHINGTON - The Senate voted Thursday to increase fuel economy standards to 35 miles per gallon for cars and SUVs, the first significant boost demanded of automakers in nearly 20 years.
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The bill raises fuel economy standards for automobiles and sets higher goals for production of renewable fuels.
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Ford Motor Co. , General Motors Corp. , and DaimlerChrysler AG's Chrysler unit can boost annual profit by as much as a combined $2 billion by raising the fuel economy of their vehicles, according to a study released yesterday.
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A group of House Democrats said Wednesday they would push a boost in gas mileage standards for automobiles later this summer.