Tuesday, March 10, 2026

EPA Carbon Standards for Cars, Light Trucks to Reduce Oil Consumption by 1.2 Billion Barrels

EPA carbon rule is expected to add $800-$1,100 to new car sticker prices and reduce oil consumption by 1.2 billion barrels While the oil industry was watching OPEC, U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy has issued a final proposal to leave the carbon emissions standards for model years 2022-2025 in place. “This extensive body of analysis shows that