More, Who Knew? This is just another example of how federal regulation will crush the American dream. With the largest natural reserve of fossil fuels in the world, yet the progressive socialists Democrats demand we must get along without them.
Why do you think this is? Why do you think Mr Obama stopped the XL pipe line? Why do you think the EPA is going after 'fracking' of natural gas? Why do you think the EPA is regulating coal out of existence?
When was the last time you where in a grocery story and priced the food you buy week in and week out and saw the price go up each week? How do you think all that stuff gets to the store and what is cost to get it there? What about the farmers costs of doing business?
Why do you think our government would force all us into a substandard life style by strangling fossil fuel development? What purpose would they have to slow economic growth?
Who voted for this progressive socialist outrage? Who are the people that have no clue about even the most basic fundamentals of living? Low information voters only? No, there's more ignorance then ideology, but ideology drives the ignorance. The few that controls the many.
Fuel Efficiency Standards
Source: Emily Wismer, "Fuel Efficiency Standards," Independent Women's Forum, November 19, 2012.
December 5, 2012
The Obama administration has affirmed its commitment to promoting cleaner, more efficient cars in its recent announcement that it would double fuel efficiency standards. Called the Corporate Average Fuel Economy (CAFE) standards, the purpose is to impose a minimum threshold for how many miles a car must be able to travel per gallon of gas. If a company does not meet the minimum threshold, they pay a fine, says Emily Wismer of the Independent Women's Forum.
While the goal of reducing gasoline consumption and helping the environment is admirable, the new CAFE standards will have several unintended consequences. The first is its impact on car safety.
•To reach fuel efficiency, cars are often made lighter with aluminum rather than steel.
•However, the National Highway Traffic Safety Administration estimates that for every 100 pounds a car's weight is reduced, fatalities will go up 0.9 percent to 2.21 percent.
•The downsizing of cars in the 1970s and 1980s resulted in an additional 1,300 to 2,600 traffic fatalities in 1993 alone.
Furthermore, cars become more expensive.
•The average price increase of each new vehicle will be around $1,800 in 2025.
•As a result, many consumers will be priced out of the market and forced to buy used cars.
•Because of this, consumers will drive older vehicles that are not fuel efficient or environmentally friendly.
•More importantly, the new fuel standards will hurt low-income Americans the most because they can't afford newer cars and will be forced to pay higher maintenance costs for their older vehicles.
Finally, the auto industry, claimed to be rescued by the Obama administration, will be negatively impacted as well.
•Companies like General Motors and Ford will accrue nearly $6 billion and $4.5 billion in compliance costs, respectively.
•Additionally, it becomes more difficult for smaller competitors to enter the market because it becomes costlier to operate a car company.
•The National Automotive Dealers Association expects 7 million potential new car customers to be priced out of the market.
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