The dip in oil prices is temporary and will not affect the way federal agencies set fuel economy standards, including upcoming new requirements for heavy trucks, said EPA Administrator Gina McCarthy.
by Staff
January 20, 2015
Drilling rig in Wyoming.Photo courtesy BP plc.
1 min to read
Drilling rig in Wyoming. Photo courtesy BP plc.
The dip in oil prices is temporary and will not affect the way federal agencies set fuel economy standards, including upcoming new requirements for heavy trucks, said EPA Administrator Gina McCarthy.
McCarthy told reporters that despite a near 60% drop in fuel prices over the last six months, car and truck buyers will continue to favor more fuel efficiency, according to a Reuters account.
McCarthy said the standards are a “big deal” because freight movement relies on heavy trucks that are in service for close to a million miles, Reuters reported.
She also said she does not expect fuel prices to stay as low as they are.
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