President Obama to Announce New Fuel Efficiency Standards This Week

3 years 10 months 4 weeks ago August 28, 2012 Aug 28, 2012 Tuesday, August 28 2012 Tuesday, August 28, 2012 5:24:00 PM CDT in News
By: Marisa Breese

COLUMBIA - President Obama's administration is set to announce historic new fuel efficiency standards this week. The new requirements will make it so cars and light trucks must get an average of 54.5 miles per gallon by 2025.

Officials say that automakers across the country, including members of the Big 13, like Honda, GM and BMW, already have a running start in designing vehicles to meet these standards.

Reports show that this is just what consumers are looking for; the first six months of 2012 marked the most purchases of fuel efficient vehicles ever.

"People are buying smaller, more fuel efficient vehicles because gas prices are just so expensive right now," said BlueGreen Alliance deputy communication director Eric Steen.

With the new standards in place, drivers nationwide can expect to save money...Missouri residents will save an estimated 1.725 billion dollars at the pump.

"These new cars might cost a little bit more, but as soon as you drive off the lot, you'll be getting your money's worth from the car. With the new standards, you'll make back any extra costs in the first few months because of your fuel savings at the pump, and the car will have paid for itself within the first three years. And after that, you're essentially making money off your car," said Ronald Hwang, the Transportation Program Director for the National Resources Defense Council.

Along with saving money, there are other benefits as well.

Experts say the standards will also bring 14,000 jobs to Missouri.

It will also decrease America's dependence on oil, both foreign and domestic. By 2030, officials estimate the U.S. will cut its oil usage by at least a third of what is used to generate fuel today. 

And one of the biggest benefits is that the standards will drastically reduce Greenhouse Gas emissions. In Missouri, 4.81 million metric tons of harmful CO2 gas will not be released into the air.

Some legislators have lobbied to delay the release of these new standards citing concerns such as: compromising consumer safety, limiting consumer choice, and additional initial costs when buying a new vehicle.

Hwang says these concerns have been considered and won't be an issue as they move forward.

More News

Grid
List
JEFFERSON CITY (AP) — A man accused of sexual abuse in a pending civil lawsuit is suing Missouri Republican gubernatorial... More >>
21 minutes ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 7:48:43 PM CDT in News
ST. LOUIS (AP) — St. Louis police have a new truck — an ice cream truck. Police on... More >>
1 hour ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 6:16:23 PM CDT in News
KANSAS CITY (AP) — A southwest Missouri church whose members are from Micronesia says six of its members have been... More >>
1 hour ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 6:11:49 PM CDT in News
CLAYTON (AP) — The Municipal League of Metropolitan St. Louis has filed suit challenging a requirement that the region's cities... More >>
2 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 6:09:39 PM CDT in News
JEFFERSON CITY (AP) — Opponents of a cigarette tax hike that would benefit early childhood programs have filed two new... More >>
2 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 6:06:13 PM CDT in News
ST. LOUIS (AP) — St. Louis has its first-ever chief resilience officer, a position created to help the city prepare... More >>
2 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 6:02:50 PM CDT in News
JEFFERSON CITY (AP) — Missouri delegates to the Democratic National Convention got a surprise visit from Vermont Sen.... More >>
2 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 6:00:00 PM CDT in News
CALLAWAY COUNTY- Callaway County Sheriff’s Office deputies arrested 27-year-old Courtney Hutchason and referenced a vehicle theft. On July 4,... More >>
2 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 5:50:00 PM CDT in News
JEFFERSON CITY - Gov. Jay Nixon issued a statement regarding the Missouri Supreme Court’s ruling, upholding his veto of a... More >>
2 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 5:20:00 PM CDT in News
JEFFERSON CITY- A former bank vice president was sentenced Tuesday afternoon for leading a $4.1 million conspiracy to defraud the... More >>
3 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 4:49:00 PM CDT in News
JEFFERSON CITY - Weathertech Restoration, LLC and its owner, Eric Kroesen, agreed to settlement Monday after taking upfront payments for... More >>
3 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 4:30:00 PM CDT in News
JEFFERSON CITY - Jon Patrick Washington was sentenced five years in federal prison without parole for injecting heroin into a... More >>
4 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 4:05:00 PM CDT in News
COLUMBIA - Senate hopeful Jason Kander made a stop at Logboat Brewing Co. on the second day of his 50-stop... More >>
4 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 3:26:00 PM CDT in News
JEFFERSON CITY- The Jefferson City Police Department has cancelled an Endangered Person Advisory that was issued for Kelley L. Clark... More >>
4 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 3:14:00 PM CDT in News
COLUMBIA - The iconic Columbia pizza place Shakespeare's gave KOMU 8 News an inside look at its new building on... More >>
5 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 2:41:00 PM CDT in News
COLUMBIA - Schnucks is having a shortage in fresh items and many shelves are empty at the store on Forum... More >>
5 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 2:25:00 PM CDT in News
COLUMBIA - Columbia voters will decide whether to raise the lodging tax from four percent to five percent on the... More >>
5 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 2:12:00 PM CDT in News
COLUMBIA - The Boone County Public Works Department provided more insight Monday on what will be done to clean Hinkson... More >>
6 hours ago July 26, 2016 Jul 26, 2016 Tuesday, July 26 2016 Tuesday, July 26, 2016 1:59:00 PM CDT in News
Columbia, MO
Broken Clouds 81°
9pm 81°
10pm 79°
11pm 77°
12am 74°

Select a station to view its upcoming schedule:

Coming Up Next

7:00p
America's Got Talent
9:00p
NBC News Special: 2016 Democratic National Convention
10:00p
KOMU 8 News @ 10
8:00p
MADtv
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld

Tonight's Schedule

7:00p
America's Got Talent
9:00p
NBC News Special: 2016 Democratic National Convention
7:00p
Whose Line Is It Anyway?
7:30p
Whose Line Is It Anyway?
8:00p
MADtv
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld