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GasBuddy News Article

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Report: Obama's gas-mileage boost will save $69B a year

USA Today -- An environmental group released a report that predicts drivers will save an aggregate of $69 billion a year in fuel costs by 2030 because of new gas-mileage standards in cars.

How much will you save? The report points out that compared to a six-cylinder 2010 Ford Explorer, a four-cylinder 2012 Ford Explorer gets 7 miles more per gallon -- 23 mpg compared with 16 mpg) that can potentially save its owner $5,700 over five years of driving.

Since 2009, the number of compact and subcompact models getting better than 30 mpg has tripled, from five to 15. In that same period, the number of midsize vehicles getting better than 25 mpg has gone from six to 10 and the number of crossover vehicles getting better than 20 mpg has doubled from 16 to 32 models.

Detroit's automakers have helped lead the


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Submitted Apr 27, 2012 By: Penny_Pincher
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Report: Obama's gas-mileage boost will save $69B a year Post a Reply Back to Topics
REPLIES (newest first)
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52MPG
Champion Author Dayton

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Joined:Apr 2006
Message Posted: Apr 29, 2012 12:26:14 PM

It will be interesting to see the difference between predictions and reality.
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DanMtz
Champion Author Oakland

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Message Posted: Apr 28, 2012 11:41:08 AM

People will drive more, negating much of the savings.
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alex395
Champion Author Louisville

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Message Posted: Apr 28, 2012 8:24:58 AM

An environmental group predicts. Likely as creditable as transparency, chains and President of all people promised by Obozo.
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dsaine
Champion Author North Carolina

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Message Posted: Apr 28, 2012 8:02:03 AM

Remember to vote in November.
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Nicoalbum
Champion Author Ottawa

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Message Posted: Apr 28, 2012 7:11:37 AM

It is very good, but how we are going to validate the numbers? Ford is closing its facilities and may no longer produce those models.
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gandalfthegrey1
Champion Author Houston

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Message Posted: Apr 28, 2012 6:45:02 AM

Propaganda at its finest.
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CVA19
Champion Author Salem

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Message Posted: Apr 27, 2012 10:37:08 PM

Move along folks, it's just another eco-socialist group blowin' smoke...
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Wanda127
Champion Author Florida

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Message Posted: Apr 27, 2012 9:04:36 PM

You're absolutely 110% right Van_Halen!!!

Also we will be broke by then trying to pay for the fuel at today's cost & no jobs or social security with Obama in power!
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tnfran
Champion Author Arizona

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Message Posted: Apr 27, 2012 7:42:32 PM

Maybe in its purist form; but not in reality. All the people that it will take to save that much will have to be able to afford the cars that get that kind of mpg's first.
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carrek
Sophomore Author Seattle

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Message Posted: Apr 27, 2012 7:25:55 PM

The automobile manufacturers should be wanting to build high mileage cars without needing a government regulation in order to do it. The higher the mileage, the more people will want to buy their product.
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eomc17
Champion Author Tucson

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Message Posted: Apr 27, 2012 5:36:13 PM

What Obama refuses to acknowledge is that after nine years of inflated gas prices and cost of living, the mortgage crisis with millions of foreclosures, skyrocketing cost of healthcare,, rising unemployment and record student loan debt, most of us don't have the money or credit to buy one of Obama's fuel-efficient cars.
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des7902
Veteran Author Virginia

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Message Posted: Apr 27, 2012 4:33:06 PM

Blah blah blah!
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Van_Halen
Champion Author Atlanta

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Message Posted: Apr 27, 2012 4:25:55 PM

.
First, it will not save that amount of money. Second, it will cost 3 times that much in lost jobs and increased vehicle costs!

Obama is a Harvard Idiot!

You voted for Obama in 2008 to prove you aren't a racist, now vote for anybody but Obama in 2012 to prove your not an idiot! 01.20.13 The End of an ERROR!
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FPLREP
Champion Author Virginia

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Message Posted: Apr 27, 2012 4:07:12 PM

almost enough to off-set Obama's travels on vacation...almost.
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lesndave
Champion Author Texas

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Message Posted: Apr 27, 2012 3:59:01 PM

BuckyTJones - I love that divorce agreement ! ! !
Pass it on
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Cashless
Champion Author Akron

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Message Posted: Apr 27, 2012 3:05:54 PM

O.K.
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PDQBlues
Champion Author San Diego

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Message Posted: Apr 27, 2012 2:46:28 PM

Of course increasing fuel efficiency will create long-tem savings and reduce oil & pollution. But don't let little things like facts get in the way of ignorance.
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Legion57A
Rookie Author South Carolina

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Message Posted: Apr 27, 2012 2:45:59 PM

nah lie
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alohamary
Champion Author Massachusetts

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Message Posted: Apr 27, 2012 2:44:11 PM

I am loving my 53 MPG Prius.....
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BurntOrange
Champion Author Austin

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Message Posted: Apr 27, 2012 1:48:38 PM

Here is a link to the actual "study":

NRDC study



There is no detail on how they determined the increased cost due the increased CAFE standards, nor if they factored in inflaation.

NRDC claimed $2K/vehicle. NADA claimed $5K (although they later retracted this, in a vague way).

Clearly NRDC is pushing their agenda to lower the use of fossil fuel.
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deputydog082
Champion Author Detroit

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Message Posted: Apr 27, 2012 1:27:18 PM

better mpg is good but at what cost?
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drpepperTX
Champion Author Texas

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Message Posted: Apr 27, 2012 1:10:57 PM

"The free market gave us the deadly Corvair."
===============
LOL, and took it away!
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MN1
Champion Author Twin Cities

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Message Posted: Apr 27, 2012 1:04:17 PM

ok
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md11capt
Champion Author Denver

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Message Posted: Apr 27, 2012 12:49:29 PM

The free market gave us the deadly Corvair.
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Eugene_C
Champion Author Columbus

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Message Posted: Apr 27, 2012 12:46:09 PM

The Natural Resources Defense Council is actually a pretty reputable outfit. They have a long history of working together between industry and and public interest groups.
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BuckyTJones
Champion Author Salt Lake City

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Message Posted: Apr 27, 2012 12:19:36 PM


Since we are not going to get gasoline back to $1.50 per gallon and coffee to $2.00 per pound maybe this would be a solution we could live with.

DIVORCE AGREEMENT -- This is so incredibly well-put, and I can hardly believe it's by a young person, a student!! Whatever he runs for, I'll vote for him!
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
Dear American liberals, leftists, social progressives, socialists, regressive, Marxists, and Obama supporters, et al:

We have stuck together since the late 1950s for the sake of the kids, but the whole of this latest election process has made me realize that I want a divorce. I know we tolerated each other for many years for the sake of future generations, but sadly, this relationship has clearly run its course.

Our two ideological sides of America cannot and will not ever agree on what is right for us all, so let's just end it on friendly terms. We can smile and chalk it up to irreconcilable differences and go our own way.

Here is a model separation agreement:

1. Our two groups can equitably divide up the country by land mass, each taking a similar portion. That will be the difficult part, but I am sure our two sides can come to a friendly agreement. After that, it should be relatively easy. Our respective representatives can effortlessly divide other assets since both sides had such distinct and disparate tastes.

2. We don't like redistributive taxes, so you can keep them.

3. You are welcome to the liberal judges and the ACLU.

4. Since you hate guns and war, we'll take our firearms, the cops, the NRA, and the military.

5. We'll take the nasty, smelly oil industry and you can go with wind, solar, and bio-diesel.

6. You can keep Oprah, Michael Moore, and Rosie O'Donnell. You are, however, responsible for finding a bio-diesel vehicle big enough to move all three of them.

7. We'll keep capitalism, greedy corporations, pharmaceutical companies, Wal-Mart, and Wall Street.

8. You can have your beloved lifelong welfare dwellers, food stamps, homeless homeboys, hippies, druggies, and illegal aliens.

9. We'll keep the hot Alaskan hockey moms, greedy CEO's and Rednecks.

10. We'll keep the Bibles and give you NBC and Hollywood ..

11. You can make nice with Iran and Palestine and we'll retain the right to invade and hammer places that threaten us.

12. You can have the peace-niks and war protesters. When our allies or our way of life are under assault, we'll help provide them security.

13. We'll keep our Judeo-Christian values.

14. You are welcome to Islam, Scientology, Humanism, political correctness, and Shirley McLain. You can also have the U.N., but we will no longer be paying the bill.

15. We'll keep the SUV's, pickup trucks, and oversized luxury cars. You can take every Subaru station wagon you can find.

16. You can give everyone healthcare if you can find any practicing doctors..

17. We'll continue to believe healthcare is an earned luxury and not a right.

18. We'll keep "The Battle Hymn of the Republic" and "The National Anthem."

19. I'm sure you'll be happy to substitute "Imagine", "I'd Like to Teach the World to Sing", "Kum Ba Ya," or "We Are the World".

20. We'll practice trickledown economics and you can continue to give trickle up poverty your best shot.

21. Since it often so offends you, we'll keep our history, our name and our constitution and our flag.

22. Would you agree to this? If so, please pass it along to other like-minded liberal and conservative patriots and if you do not agree, just hit delete. In the spirit of friendly parting, I'll bet you answer which one of us will need whose help in 15 years.

Sincerely,
John J. Wall
Law Student and an American

P.S.: Also, please take Ted Turner, Sean Penn, Martin Sheen, Barbara Streisand, and Jane Fonda with you.

P.S.S..: And you won't have to "Press 1 for English" when you call our country.

Forward this every time you get it! Let's keep this going; maybe some of it will start sinking in!

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drpepperTX
Champion Author Texas

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Message Posted: Apr 27, 2012 12:07:11 PM

I think it's telling that some think the government had to mandate this. The market was demanding higher mpg vehicles anyway and automakers responding to the market, rather than government mandates, would have designed better and less expensive product.
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humblepie
Champion Author Toledo

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Message Posted: Apr 27, 2012 11:54:10 AM

which he will redistribute to kenya
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TripleHs
Champion Author Austin

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Message Posted: Apr 27, 2012 11:33:06 AM

Not sure about this calculation as it actually is very complicated with many variations and uncertainties, but in general it makes sense as a nation. Does it make sense to all individuals? Not necessary.
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Penny_Pincher
Veteran Author Columbus

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Message Posted: Apr 27, 2012 11:30:32 AM

@Burnt Orange: Apparently you didn't read the article, becuase the study does exactly that:

"Controlling for the cost of new technology increasing the price of vehicles, the report's authors predicted an annualized savings of $69 billion...."
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BurntOrange
Champion Author Austin

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Message Posted: Apr 27, 2012 11:25:30 AM

Penny_Pincher wrote:

"I think it's pretty hilarious how many people just don't want to believe that better gas mileage will save money"

-----------------------------------

I think it's pretty hilarious that this "study" fails to account for the increased cost of the vehicles when calculating savings.

I am also saddened by a federal government that ignores the constitution and passes laws that interfere with the free market and consumer choice.

If you want a high-mileage vehicle, please go buy one. And with high fuel prices, that is the choice many are making. We don't need the federal government mandating what manufacturers build and dealers sell, at least not in a free country.
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Penny_Pincher
Veteran Author Columbus

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Message Posted: Apr 27, 2012 11:16:07 AM

I think it's pretty hilarious how many people just don't want to believe that better gas mileage will save money.
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rjojo40
Champion Author Las Vegas

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Message Posted: Apr 27, 2012 11:13:31 AM

False Obama out.
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Penny_Pincher
Veteran Author Columbus

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Message Posted: Apr 27, 2012 11:10:22 AM

Well, if gas goes up, the savings will be even higher.
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peakkeller
Champion Author Colorado Springs

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Message Posted: Apr 27, 2012 11:09:30 AM

All based on how much gasoline costs between now and then.
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Penny_Pincher
Veteran Author Columbus

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Message Posted: Apr 27, 2012 11:09:09 AM

@wendy: The study claims to have adjusted for increased costs of vehicles, and even adjusted for different driving habits in different states. It's in the last paragraph:

"Controlling for the cost of new technology increasing the price of vehicles, the report's authors predicted an annualized savings of $69 billion. Among the states saving the most would be Texas ($7.8 billion), California ($7.3 billion) and Florida ($6.7 billion). Michigan would be in the top 20 with about $1.5 billion saved a year."

[Edited by: Penny_Pincher at 4/27/2012 11:09:54 AM EST]
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Skunk63
Champion Author Phoenix

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Message Posted: Apr 27, 2012 11:04:30 AM

That study is nice window dressing. But it really is worthless as it fails to include other costs like how much other costs have risen. Anyone who touts this president's energy policies conveniently fails to discuss its shortcomings.
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BurntOrange
Champion Author Austin

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Message Posted: Apr 27, 2012 11:02:37 AM

Well, if it's a study from "The Natural Resources Defense Council", you can bet it's completely unbiased.

:)
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wendy1john32
Champion Author Los Angeles

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Message Posted: Apr 27, 2012 10:59:05 AM

It's not clear to me that the study included increased vehicle cost in its figures.
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bar1035
Champion Author Charlotte

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Message Posted: Apr 27, 2012 10:57:47 AM

so my 78 buick will be getting better mileage and saving me money by 2030?
Yes it will .. be saving me money
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car253
Champion Author Ohio

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Message Posted: Apr 27, 2012 10:56:17 AM

More smoke and mirrors.
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Jeff1944
Champion Author South Dakota

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Message Posted: Apr 27, 2012 10:53:54 AM

Do you really believe government statistics.?
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Nikontraveler
Sophomore Author Los Angeles

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Message Posted: Apr 27, 2012 10:52:05 AM

If Obama had his way we would be riding horses and towing carts with mules again. They get the best gas mileage. Right? And all horses and mules would be bred by General Horse & Mule Company formally know as General Motors. All fuel (Hay) would be provided by the Federal Department of Animal Fuel which produces low emissions fuel priced at $150.00 a pound. :-)


[Edited by: Nikontraveler at 4/27/2012 11:01:32 AM EST]
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graceman
Champion Author Baltimore

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Message Posted: Apr 27, 2012 10:51:59 AM

Yea,but gas will be $10.00 per. gallon.
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fracknsave
Champion Author Grand Rapids

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Message Posted: Apr 27, 2012 10:51:48 AM

old snooze

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