New Standards For Fuel Economy in 2017 Expected Today

President Obama is expected to speak today about the government's fuel efficiency goals for car models built in years 2017-2025 and light-duty trucks. The deal is expected to double fuel economy standards to 54.5 miles per gallon by 2025 and to put more restrictions on tailpipe emissions blamed for global warming. In an agreement with automakers, light duty trucks, which are among the best-selling vehicles will have easier standards. The deal will also include credits for solar-paneled roofs and battery-powered cars that would allow fleets to fall short of the target. A spokesman for the President said the deal will save drivers money at the pump, reduce oil consumption and pollution and help to create jobs.