for Fuel Economy
'Fuel economy regulations are a preemptive strike against collusion and market-distorting behavior. In fact, current regulations will eliminate 12 billion barrels of oil imports between 2015 and 2040.'
When considering autonomy in buses and both light and freight trucks, the EIA sees lower demand compared to its base case in all scenarios.
Experts: In the chicken-or-the-egg conundrum between EVs and charging infrastructure, autonomous vehicles are the "rooster." Can regulators keep up?
A combination of an extended period of low prices, consumers buying larger vehicles, and strong economic growth has caused demand to soar since it reached its nadir in 2012.
An Evolved Oil Market and New Vehicle Technologies Have Major Implications for Light Duty Fuel Economy
If it can be verified that the use of autonomous vehicles will improve overall fuel economy and reduce GHG emissions, the agencies should explore ways to maximize the benefits as soon as feasible.
10 years after Recommendations to the Nation on Reducing U.S. Oil Dependence, the country has seen meaningful improvements in energy security, which continue to grow.
In a rare increase in stringency over the proposed rules, certain large trucks are required to be up to 25 percent more fuel efficient.
Instead of achieving the original, headline-grabbing efficiency target of 54.5 miles per gallon (mpg), the fleet of new vehicles sold in 2025 is likely to clock-in at more like 50 mpg. And even that target depends on fuel prices over the next decade—with oil prices needing to approach $100 per barrel by 2025 to keep efficiency above 50 mpg.
Fuel economy standards have a significant social benefit relative to their costs. Total industry-wide costs of meeting the MY2022-2025 GHG standards are estimated at $34 to $38 billion. Societal monetized benefits of the MY2022-2025 standards (exclusive of fuel savings to consumers) range from $40 to $41 billion.
Fracking and fuel economy standards have improved U.S. energy security, but the campaign dialogue has missed important energy policy challenges as consumers are complacent with low oil prices.