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Article: Drumbeat grows louder for tougher fuel efficiency standards on vehicles.
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- August 22, 2005
CopyrightCOPYRIGHT 2005 The Washington Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Patrice Hill
Aug. 22--The recently approved energy legislation excluded the biggest item that would have cut U.S. dependence on foreign oil as well as help lower record-high oil and gasoline prices: higher fuel efficiency standards for cars and sport utility vehicles.
Meanwhile, the Bush administration has taken no steps to better manage the Strategic Petroleum Reserve to relieve pressure on oil prices, or use it occasionally to pop speculative bubbles and alleviate foreign supply cutoffs that have helped drive up prices, according to Lawrence Kudlow of Kudlow & Co. and other analysts.
John Lichtblau, analyst with the Petroleum Industry ...