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Chicago RE with Julie

Blog by Julie Woodward-Trenker
Chicago, Illinois
A consumer-centric real estate blog with articles, tips, and tools geared for buyers, sellers and the curious.

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Chicago RE with Julie

Congress Sends Bill To Raise Fuel Efficiency
Feb. 18, 2008
Categorized in: Market and Trends
Tagged with: economics, saving money
 
 
 
Just last week on CNN.com there was a cover story regarding Congressing passing a bill that raises auto fuel efficiency standards by 40%.  That would require automakers to boost mileage to 35 miles per gallon over the national average of 25 miles per gallon by the year 2022.  This is the first time a change has happen since this requirement was enacted back in 1975.  It is estimated that motorists will save $700 to $1,000 a year in fuel costs. 
About time! 
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