According to an EPA news release, the Obama Administration finalized new standards that will increase fuel efficiency for cars and light-duty trucks to 54.5 mpg by model year 2025. The new standards, along with previous standards, will almost double the fuel efficiency of new cars compared to current cars.
"This historic agreement builds on the progress we've already made to save families money at the pump and cut our oil consumption," says U.S. President Barack Obama. "By the middle of the next decade our cars will get nearly 55 miles per gallon, almost double what they get today. It'll strengthen our nations' energy security, it's god for middle class families and it will help create an economy build to last."