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Household gasoline cost rise
- The U.S. Department of Transportation issued a rule on September 28 2026 lowering Corporate Average Fuel Economy standards for new cars and light trucks.
- The Alliance for Automotive Innovation said the rule correctly aligns fuel-economy standards with current market conditions.
- The rule sets a 2031 fleet-average target of 34.9 mpg, down from the 50.4 mpg Biden standard.
- The Environmental Defense Fund warned the rollback could raise household gasoline spending by about $1,600.
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