for Fuel Efficiency
Lost in the albeit important discussion of the environmental benefits of CAFE is the pivotal role that they have played in reducing U.S. oil consumption and putting the nation on a path to making the rare transition from being a net importer of oil to being a net exporter.
The average light-duty vehicle now remains in service for over three years longer than it did two decades ago. With vehicles “living” longer, the fleet will take longer to replace itself.
Two major forecasters see a sharp penetration of EVs in the next couple of decades. Although the outlook for EVs and the transportation sector is improving quickly, oil demand is likely to continue to grow.
Conservation can contribute to energy dominance. The less energy this country uses, the more it can sell to others.
Amidst sweeping changes in the landscape for advanced fuel vehicles, automakers expressed confidence that the shift towards non-petroleum fuels will continue rapidly.
Fuel efficiency standards and the long-term saturation of VMT are key factors that could have a major impact on reducing foreign petroleum dependence in the transportation sector.
A study from a major research group finds that the transition to autonomous cars will bring about a sharp increase in fuel efficiency and hasten the use of alternative energy sources, both of which will slice demand for petroleum.
The contradiction of proposed increases in fuel efficiency standards for large trucks is that although they will reduce oil consumption, they will also discourage the adoption of alternative vehicles that run on natural gas and make them less competitive in the trucking sector.
California based startup Peloton Technology has found a straightforward application of early autonomous technology to create dramatic fuel savings for a thirsty trucking industry.
IEA appears to be taking fuel economy standards at face value, and not recognizing the impact of cheap gasoline on consumer behavior.