Landmark New Fuel Economy Standards News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Price for a gallon of up leaded gas in the united states is $4.20, according to aaa, because of russia s invasion against ukraine and other factors. now, that s too high for the biden administration, with plans to tap into the nation s strategic petroleum reserves. the hope is releasing a million barrels per day for the next six months will reign in sky-high gas prices, and that will likely make a dent in the u.s. reserves. they were at 568 million barrels at the end of last month. here s why it will help u.s. customers. a barrel of oil from the strategic reserves costs nearly $30. a barrel on the open market costs more than $100. so as the u.s. grapples with soaring gas prices, the biden administration is announcing landmark new fuel economy standards. by 2026, all new cars and trucks sold in the u.s. will be required to have an average fuel economy of 49 miles per hour. transportation secretary pete buttigieg says this move isn t just about saving individual ....

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