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Consumer Savings from Higher Fuel Economy Standards


 
 
 
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  UCS Report -- Drilling in Detroit
There is no reason to be complacent with new car and light truck fuel economy dropping to its lowest point in twenty years. Instead, we can end 15 years of stagnant fuel economy standards and apply existing technologies to deliver a fleet of new cars and light trucks that achieves a fuel economy of 40 miles per gallon by 2012. The consumer benefits of increasing fuel economy standards are impressive, creating over 45 billion dollars in net savings to American consumers by 2012. This is money that can be returned to each state’s economy, creating new jobs and spurring economic growth, while protecting public health and our environment.

Projected Consumer Savings from Raising Fuel Economy Standards to 40 mpg by 2012 by State (US 2000 dollars)

State

Fraction of National Gasoline Use

Annual Net Consumer Savings in 2012

(million dollars per year)

Cumulative Net Consumer Savings by End of 2012

(million dollars)

State

Fraction of National Gasoline Use

Annual Net Consumer Savings in 2012

(million dollars per year)

Cumulative Net Consumer Savings by End of 2012

(million dollars)

AK

0.2%

20

36

NC

3.2%

311

548

AL

1.9%

184

325

ND

0.3%

27

47

AR

1.1%

107

188

NE

0.7%

64

112

AZ

1.8%

175

310

NH

0.5%

50

88

CA

11.0%

1,081

1,908

NJ

3.0%

295

520

CO

1.5%

149

264

NM

0.7%

70

124

CT

1.2%

114

201

NV

0.7%

69

122

DC

0.1%

13

22

NY

4.4%

427

754

DE

0.3%

29

52

OH

3.9%

385

680

FL

5.7%

555

979

OK

1.4%

138

244

GA

3.6%

350

619

OR

1.2%

116

205

HI

0.3%

28

50

PA

3.8%

375

662

IA

1.2%

115

203

RI

0.3%

31

54

ID

0.5%

50

88

SC

1.7%

169

298

IL

3.9%

379

669

SD

0.3%

32

56

IN

2.4%

231

408

TN

2.3%

223

393

KS

1.1%

106

186

TX

7.9%

774

1,366

KY

1.6%

161

285

UT

0.8%

74

130

LA

1.6%

158

279

VA

2.8%

271

478

MA

2.1%

203

359

VE

0.3%

25

43

MD

1.9%

182

322

WA

2.1%

201

355

ME

0.5%

52

91

WI

1.9%

187

331

MI

3.9%

386

681

WV

0.6%

62

110

MN

1.9%

189

334

WY

0.3%

25

43

MO

2.3%

225

398

MS

1.2%

121

214

MT

0.4%

37

64

Total

100%

16,000

45,800



Notes

Gasoline use data for 1999:
Source: Energy Information Administration (EIA) 2001.

Transportation Energy Consumption Estimates, 1999
http://ftp.eia.doe.gov/pub/state.data/html/summ7.htm

Gasoline cost projections obtained from Energy Information Administration (EIA) 2000.
Annual Energy Outlook 2000. Washington, D.C.: US Department of Energy. December.

Consumer savings based on predicted future consumption levels and other national results from Friedman. D.J., et. al., 2001. Drilling in Detroit: Tapping Automaker Ingenuity to Build Safe and Efficient Automobiles. Cambridge, MA: Union of Concerned Scientists. June.



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