obama touts oil savings of new CAFE rule

摘要

Washington—President Barack Obama cele-brated a rare compromise between regulatorsand industry July 29, announcing that majorautomakers agreed to ramp up CorporateAverage Fuel Economy standards to nearly 55miles per gallon by 2025. Obama used the agreement as an oppor-tunity to distract from the ugly partisan battleover the federal debt ceiling. He touted thepact as a way to boost US competitiveness,cut gasoline bills for consumers and reducedependence on oil imports.