If the Obama administration's fuel efficiency standards, which are set for 2025, were enforced today, how much less money would each American driver spend per year on gasoline?
a. 55% less
b. 48% less
c. 16% less
d. 1.5% less
Scroll down to see the answer and click on the audio player above to hear more about the impact of fuel economy standards.
Answer: a. 55% less, assuming fuel prices stay around $3.50 per gallon.
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