WASHINGTON, DC — On Monday, the Environmental Protection Agency and the U.S. Department of Transportation announced the first national gas mileage and greenhouse gas emissions standards for heavy-duty trucks and buses. The EPA said the new standards, set to start in 2014, will save an estimated 500 million barrels of oil over the lives of vehicles produced within the program’s first five years. In addition, the EPA estimates the requirements will produce $41 billion in net economic benefits.
Senator Jeff Merkley said improving mileage for larger vehicles will be a big step in reducing America’s dependence on foreign oil, and strengthening national security.
“Any business that depends on vehicles, from small construction companies to major shipping companies, will benefit by driving more miles on less fuel,” Merkley added.
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