The Obama Administration announced today it has finalized new fuel efficiency standards that will require new cars and light-duty trucks to have an average efficiency of 54.5 miles per gallon by 2025. This adds to the requirement that 2016's new cars must average 35.5 miles per gallon. "The final standards were developed by DOT’s National Highway Traffic Safety Administration (NHTSA) and EPA following extensive engagement with automakers, the United Auto Workers, consumer groups, environmental and energy experts, states, and the public. Last year, 13 major automakers, which together account for more than 90 percent of all vehicles sold in the United States, announced their support for the new standards." According to the administration, the standards will reduce dependence on foreign oil, save money at the pump, protect the environment, and everything else that sounds good in an election year.