White House Announces Oil Savings Standards For Heavy Duty Trucks, Buses

US President Obama met with industry officials to discuss the first of their kind fuel efficiency and greenhouse gas pollution standards for work trucks, buses, and other heavy duty vehicles and to thank them for their leadership in finalizing a successful national program for these vehicles.

According to the White House, this meeting marks the Administration’s announcement of the standards, which will save American businesses who operate and own these commercial vehicles approximately $50 billion in fuel costs over the life of the program.

The U.S. Department of Transportation (DOT) and the Environmental Protection Agency (EPA) developed the standards in close coordination with the companies that met with the President today as well as other stakeholders, following requests from companies to develop this program.

According to the White House, the cost savings for American businesses are on top of the $1.7 trillion that American families will save at the pump from the historic fuel-efficiency standards announced by the Obama Administrations for cars and light duty trucks, including the model year 2017-2025 agreement announced by the President last month.