Trump's fuel fight
The administration wants to roll back proposed fuel efficiency standards, but rising consumption would mean fewer barrels available for export
The next major front in the Trump administration's fight to dismantle Obama-era environmental regulations will be to try to ease fuel-economy restrictions due to go into effect in 2022. In early April, the Environmental Protection Agency (EPA) said the target set by the Obama administration, which would've roughly doubled car efficiency standards to an average of around 54.5 miles per gallon by 2025, was too stringent and was moving to make changes. Car manufacturers had once supported the measures, but more recently lobbied the Trump presidency to make changes, on the grounds that they would be too costly. But they still fall short of standards in place in Europe and other parts of the worl
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals