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Think gas prices are too low? Don’t fret, Trump plans to raise them Monday

Think gas prices are too low? Don’t fret, Trump plans to raise them Monday

The Department of Transportation says it’s ready to announce fuel economy standards that will raise gas prices by 76 cents a gallon and fuel use by 45%, right as the world struggles with the effects of a war of choice that has spiked energy prices globally. Update: This article was originally publis…

The United States Department of Transportation says it is preparing to announce new fuel economy standards, and by the department's own account the rules would push American pump prices up by roughly 76 cents a gallon while increasing fuel use by about 45 percent. The announcement is expected on Monday.

The timing is notable. It arrives while global energy markets are still unsettled by a conflict that has already driven fuel costs higher in many countries, leaving

Written by the Beseyat editorial team. For full details, see the original report at Electrek.

Original reporting: Electrek ↗

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