W¬ùhat’s in your wallet? For many for us, what’s not in our wallet is extra cash. And none of us wants to spend the extra cash paying for gasoline. That’s just one of the reasons we favor the new fuel economy standards soon to be finalized.
Vehicles that get better gas mileage will cost a bit more, it’s true, but the average family will still save from $6,000 to $8,000 through the life of the vehicle. That’s certainly good news for our wallets. About 45 percent of our daily petroleum use goes toward driving our cars and light trucks ‚Äî 3.1 billion barrels per year, the equivalent of 620 Gulf oil spills. Reducing oil consumption by more than 2.2 million barrels by 2025 and foreign imports sounds like a good idea to many.