Advertisement

Regulation repeal could mean more money at the pump

June 13, 2018 06:24 PM

If you drive, you're well aware of gas prices rising and the repeal of a certain law might mean spending even more money at the pump. 

The Environmental Protection Agency wants to repeal Obama-era standards to increase fuel efficiency to 50 miles per gallon by 2025. 

Advertisement – Content Continues Below

The rules were put in place during the Obama administration to reduce emissions but the current repeal is aiming to roll them back in hopes of jump-starting our nations car industry.

Senator Chuck Schumer says it would be a 'disaster for consumers.'

As it stands right now, gas prices are climbing. In New York State the average at the pump is about $3.08 a gallon, according to AAA.

Combine that with automakers scrapping their efforts to increase fuel efficiency and you'll be shelling out even more money to be on the road.

The proposed rollback rule is currently under review by the White House Office of Management & Budget. If it passes the review, it'll be up for public comment before being finalized. 
 

Credits

Beth Cefalu

Copyright 2018 - WHEC-TV, LLC A Hubbard Broadcasting Company

Advertisement
Advertisement
Relay Media Amp

We no longer have Facebook comments on this site. Please visit our Facebook Page to join the conversation.

Advertisement