White House fuel-for-thought
American Trucking Associations President and CEO Bill Graves addressed the media today along with the CEO'S of Volvo trucks, Cummins and Daimler Trucks after a meeting with President Obama at The White House to discuss fuel standards.
August 9th, 2011
01:14 PM ET

White House fuel-for-thought

This morning President Obama held a closed-door meeting at the White House with officials from the heavy-vehicle industry as a way to announce new fuel efficiency standards for trucks, buses and other heavy-duty vehicles built in model years 2014 through 2018. Representatives from the trucking industry, as well as truck and engine manufacturers were in attendance.

The private meeting was set up after the White House hastily canceled a more public announcement scheduled to take place today at a moving company in Springfield, Virginia.

While the specific fuel targets differ depending on vehicle type, all new models will be required to reduce fuel consumption by at least 10 percent and in some cases as much as 20 percent. The White House estimates that over the course of the program these reductions will reduce overall oil consumption by a projected 530 million barrels and greenhouse gas emissions by roughly 270 million metric tons.

Designed in consultation with industry representatives, the new rules are also expected to generate significant cost savings for heavy-vehicle operators.

“In our operations fuel is either the number one or number two expense for everyone who moves freight in this country,” said American Trucking Associations President & CEO Bill Graves following his meeting with the president. “We believe that there’s a return on investment in this rule for our fleets in that over the course of perhaps 18 to 24 months they’re going to recover whatever costs are associated with this new fuel-efficient equipment.”

That return on investment could come even sooner depending on the price of fuel, Graves added later. Administration estimates placed the overall savings at approximately $50 million over the life of the program, and after initial upgrade costs are paid off, savings to individual truck operators could be as great as $73,000 over the course of a truck’s service.

Today’s announcement comes less than two weeks after the Obama Administration announced new standards to reduce fuel consumption in cars and light-duty trucks.

“We started getting letters asking that we do the same for medium and heavy-duty trucks,” said President Obama in a statement released after the meeting. “They were from the people who build, buy, and drive these trucks.  And today, I’m proud to have the support of these companies as we announce the first-ever national policy to increase fuel efficiency and decrease greenhouse gas pollution from medium-and heavy-duty trucks.”

Topics: Economy • Energy • President Obama • The News

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soundoff (34 Responses)
  1. MTATL67

    Getting the Auto Makers and the UAW to agree to anything is great accomplishment considering the past between the two groups. This says alot about President Obama's leadership skills and the willingness to compromise of all party's involved. Unlike the GOP Congressional leadership and the extremist group the Tea Party that caused the stockmarkets to tank. What was it Sen. McConnells promise NOT WHILE THIS PRESIDENT OBAMA IS IN THE OVAL OFFICE".

    August 9, 2011 at 2:25 pm |
  2. joe

    Obama is the shepherd I did not want.
    He leadeth me beside the still factories.
    He restoreth my faith in the Republican party.
    He guideth me in the path of unemployment for his

    party's sake.
    Yea, though I walk through the valley of the bread

    line, I shall fear no hunger, for his bailouts are with

    me. He has anointed my income with taxes,

    My expenses runneth over.
    Surely, poverty and hard living will follow me all

    the days of my life, And I will live in a mortgaged

    home forever.

    August 9, 2011 at 2:48 pm |
    • jean2009

      @ joe.. you are a wealth of misinformation. Another one who has failed to learn how important historical dates are...knowing them changes the whole landscape of what history is...and reinforces that dates matter in that people can't lie.

      The TARP $700 billion bailout for financial services industries (big banks) was signed into law on October 3, 2008 by President George W. Bush. On December 19, 2008 President George W. Bush announced a $17.4 billion bail out for Chrysler and GM. this was George W. Bush's Hail Mary Pass at trying to save his presidential reputation for tanking the economy with his poor management and tax breaks for the wealthiest 2% plus two unfunded unnecessary wars. So, thank George W. Bush for both bailouts...

      and tax rates haven't changed from the Bush era...although they surely should for the wealthiest 2%.

      Lucky you ....since you state you have income to be anointed with taxes...so thank your lucky stars whiner.... there are people who would enjoy having income which could be taxed.

      And you whine about being fortunate enough to have a mortgaged home that you can live in forever....a house that has not been foreclosed like so many of your fellow Americans........you can also thank Republicans....Phil Gramm, Robert Leach, and Thomas Bliley for the Gramm,Leach, Bliley Act of 1999 which repealed portions of the Glass-Steagall Act of 1993 which regulated mortgage banking.

      Just remember the bus was over the cliff and we had lost 2.6 million jobs during 2008 not including the tank of the DOW in February/March 2007 and in September 2008....under George W. Bush.

      Things were getting better until the current teapotty members decided to fight President Obama's every attempt to make things better.

      If all you have to complain about is the fact you are wealthy enough to owe taxes, have a job, do not fear hunger, and have a roof over your head.... you really don't have much to whine about.

      August 9, 2011 at 3:46 pm |
      • jvr

        Jean 2009,
        Sorry my dear, lets not forget that Obama had a White house Meeting with Bush and whole heartedly supported the bailouts which in turn were supported and approved by a Democratic Congress. Bush proposed the idea, a Democratic congress passed it because it was the incomming president who supported it. Obama has to take blame for what has occurred since he has taken office, most of the bailout money has been repaid because Obama smartly took this money to gain interest in the bailout companies, if they wanted thier interest back they had to repay. As far as the bus being off the Cliff, Bush left a 4 trillion Dollar Deficit agreed, Obama and a democratic congress turned it into a 14 trillion dollar deficit in 3 years. Believe it or not, I voted for Obama hoping he could rally congress to do the right thing, I was wrong. The Tea partyers have a lot of valid arguments, big goverment means big taxes, thats a fact, to fund a big goverment you either have to increase the tax base or raise the debt ceiling, smaller goverment requires less capital. se

        August 9, 2011 at 4:02 pm |
      • joe

        I forgot I was on a Low life lazy liberal website
        Just remember the Demorats and even Clinton created Fannie and Freddie which put us over the edge
        Bush needed to beef up the military because clinton cut it to the bone. Bush needed military Might to retaliate for 9/11 which he did a fine Job
        Now the annoited one wants to cut and run leaving every thing we did and men lost in dishoner, I keep on forgetting I'm speaking to liberals which are only concerened with keeping the poor and middle class down by druging them with social programs so they won;t have to getup and work
        I came from a poor background but my family worked thier tail off (we never revieved a dime in Aid from the Govermenrt)
        built a go company and hired people. Now with the introduction of Obama care I'll have to lay off about 25% of these workers. Remember I'm going to be taxed I make over 250K So ask me why should I lay out more money and get taxed out of exsistants when I can keep my money right where it is and not grow my company for the fear of more taxes
        Obama is a socalist and you sound like one too. I don't like or plan to support socalism

        August 9, 2011 at 4:26 pm |
      • jean2009

        @ joe...strange what you might find out on a liberal site...maybe an education.

        History of Fannie Mae and Freddie Mac
        Even though Fannie Mae and Freddie Mac were Congressionally-chartered, they are also private, shareholder-owned corporations. They have been regulated by the US Department of Housing and Urban Development since 1968 and 1989, respectively.
        However, Fannie Mae is more than 40 years old. President Franklin Delano Roosevelt's New Deal created Fannie Mae in 1938 to help jump start the national housing market after the Great Depression. And Freddie Mac was born in 1970.

        *Reagan was President in 1989, Franklin Roosevelt was President in 1938, Richard Nixon was President in 1968, and in 1970....what was that again about Bill Clinton starting Freddie Mac and Fannie Mae?

        At the present the enemy is the military industrial state that profits from war. Frankly it is much easier to get us into a war than it is to get us out of one. There is no such thing as taking all your troops out at once, because doing so puts those remaining who haven’t been shipped home at greater risk. You just can’t pull out and leave all the arms either since they can be used against those remaining who have not been transported home.

        Thank George W. Bush for the war in Afghanistan which was started to get Osama bin Laden who in the end was not killed in Afghanistan, but in Pakistan. Then Bush gave up on fighting in Afghanistan plus he gave up on trying to finding Osama bin Laden, because he knew it would be a long hard slog. Ask the Russians.

        For George Bush and his war profiteering cronies it was apparent that it would be much simpler to claim a Victory…any Victory by taking out a caged Saddam Hussein.

        Well getting to Baghdad was the easy part …did Bush really think taking out Saddam was going to be the end of it? So now, we have been bogged down in Afghanistan for 10 years fighting the Taliban (not Osama bin Laden or Al Qaeda), and we are still in Iraq (which btw didn’t have WMD) due to sectarian violence which Saddam kept in check…… both places for 10 years…and this fiasco has cost us lives…and a stable economy. All so Black Water, Halliburton, and Enron could make billions.

        Our military expenses now make up more than 59% of our federal budget and when you add in all the extra cost for veterans’ health care, and pensions we are looking at 80% of the federal budget is for military related expense. http://www.warresisters.org/pages/piechart.htm

        "You'd better sit down, folks.

        Article 31 of the Iraqi Constitution, drafted by your right-wing Bushies in 2005 and ratified by the Iraqi people, includes state-guaranteed (single payer) health care for life for every Iraqi citizen.

        Article 31 reads:

        "First: Every citizen has the right to health care. The State shall maintain public health and provide the means of prevention and treatment by building different types of hospitals and health institutions.

        Second: Individuals and entities have the right to build hospitals, clinics,or private health care centers under the supervision of the State, and this shall be regulated by law."

        There are other health care guarantees, including special provisions for children, the elderly, and the handicapped elsewhere in the 43-page document.

        Under force of arms, President Bush imposed his particular idea of democracy on a people not asking for it – perhaps a noble undertaking in one context and a criminal violation of international law in another. Bush's followers are proud of the Iraqi Constitution, a model for the world, they told us.

        So, according to the American political right-wing, government-guaranteed health care is good for Iraqis, but not good for us. Not good for you. They decry even a limited public option for you, but gleefully imposed upon the Iraqis what they label here as "socialism," with much Democratic Party member support.

        Indeed, reading the Iraqi Constitution so near to the 8th anniversary of September 11, 2001 is instructive. It is the very definition of American right-wing hypocrisy."

        August 9, 2011 at 7:37 pm |
      • jean2009

        @jvr You agree Bush proposed the idea and signed it...you do understand he could have vetoed it regardless of who approved, or the make up of the congress at that moment. FYI the really unnecessary stimulus packages were the ones Bush signed during Republican congresses in 2001, 2003,and 2006.
        Those only bloated the federal deficit and cut income to pay for the wars he started.

        I am not the one complaining about the current stimulus, all in all it had to be done and it was a good choice.

        August 10, 2011 at 12:26 pm |
    • jvr

      Joe, I love your modern rendition of the lords prayer. Congress made this posible along with STIMULUS that hasnt worked and none of us have seen. The stimulus would have worked if it were given to us VS corporations, we the people would have paid bills with it, bought new cars, and other goods which would have strenghtened our economy by getting money moving again. Thanks for nothing OBAMA (one Big A- Mistake America.

      August 9, 2011 at 3:48 pm |
      • jean2009

        Maybe you should speak to your state legislature...I can actually say Ohio has received and is using money from the stimulus to repair many highways, bridges, sewer & water systems with the $8.2 billion it has received.

        In my local county we have seem the orange barrels and green signs for the last two years....with 4 projects going at one time. That does not include the number of schools 5 new ones, plus several other schools that have been enlarged and renovated during this period.

        It is a good thing to know that Americans who would otherwise be unemployed have a job that puts food on their tables and keeps a roof over their heads. Or does that make you mad....would you rather spend our tax dollars on what...more wars...and tax cuts for the richest 2%?

        You can go to: http://www.ncsl.org/default.aspx?tabid=12577

        Which is the website for the National Conference of State Legislatures which is the body that tracks State Oversight of Federal Stimulus Funds.

        August 10, 2011 at 12:50 pm |
    • Howard

      OBAMA and the 'Dear Horse' strategy ...

      The tribal wisdom of the Indians, passed on from generation to generation, says that, "When you discover that you are riding a dead horse, the best strategy is to dismount." However, in government, education and often in corporate America, more advanced strategies are often employed, such as:

      1. Buying a stronger whip.
      2. Changing riders.
      3. Appointing a committee to study the horse.
      4. Arranging to visit other countries to see how other cultures ride dead horses.
      5. Lowering the standards so that dead horses can be included.
      6. Reclassifying the dead horse as living-impaired.
      7. Hiring outside contractors to ride the dead horse.
      8. Harnessing several dead horses together to increase speed.
      9. Providing additional funding and/or training to increase dead horse's performance.
      10. Doing a productivity study to see if lighter riders would improve the dead horse's performance.
      11. Declaring that as the dead horse does not have to be fed, it is less costly, carries lower overhead and therefore contributes substantially more to the bottom line of the economy than do some other horses.
      12. Rewriting the expected performance requirements for all horses.
      And of course....
      13. Promoting the dead horse to a supervisory position.

      August 9, 2011 at 4:02 pm |
      • joe

        I agree get rid of the liberal Democrats in congress and we will overcome this so called guy in the white house Obama

        August 9, 2011 at 4:30 pm |
      • jean2009

        Oh BTW....I'm liberal and proud...it beats being a historical challenged right-wing teapotty nut any day.

        Obama-Biden 2012

        August 9, 2011 at 7:42 pm |
      • jean2009

        Obama has more horse sense than you.

        August 10, 2011 at 1:55 pm |
    • Russell Brown

      joe do you put alot of love in to what you say
      wonder what Jesus thinks of the things you say
      now therefore ye are no more strangers and foreigners
      but fellow citizens with the saints and of the household
      of G-D.

      August 9, 2011 at 6:55 pm |
    • Russell Brown

      the little coterie of powerful bankers virtually
      run the united state government for their own selfish

      August 10, 2011 at 9:05 pm |
  3. Steve

    You know something is wrong when the whole panel on MSNBC's Morning Joe practically puts their head in their hands when discussing this president's many now-obvious detrimental weaknesses.

    August 10, 2011 at 7:24 am |
  4. Pentabyte

    Get rid of Baseline Budgeting. We need zero based budgeting.

    August 10, 2011 at 7:35 am |
  5. joe

    you are a liberal lazy leftwing loser If Obama is the Best you Demorats have (the Man is an incompetent asshole)
    rest asure the moron will be back orgainizing communities by the middle of 2013 Maybe ACORN can give him a job they hire crooks and idiots Read Obama care but then again you want someone else to pay your bills to Quote Thomas Jefferson The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.

    August 10, 2011 at 7:41 am |
    • John

      Jean – if Hillary runs against him who would you vote for?

      August 10, 2011 at 8:16 am |
      • joe

        Hillary is just a Power hungry Liberal

        My vote and Support goes to Romney huntsman or Perry or a Combo of two of them
        all three have experience and Know how to rum Companies
        Obama could not run a Kool aid stand

        August 10, 2011 at 10:32 am |
      • jean2009

        Obama-Biden 2012

        August 10, 2011 at 12:53 pm |
      • jean2009

        @joe Laughable the last thing we need is someone who wraps themselves up in a flag and bible....it makes me remember the last Texan who did that.....ugh...barf!

        August 10, 2011 at 12:55 pm |
    • Russell Brown

      joe your words are hurtful you are angry you need jesus holy touch on your life.
      Hatred does not cease by hatred but by love alone this is an ancient and eternal law
      a man is but the product of his thoughs what he thinks he becomes.
      our life is a long and arduous quest after truth
      democracy is an impossible thing
      until the power is shared by all.

      August 10, 2011 at 8:59 pm |
  6. Josh

    My thoughts is this country blames the president and the government for our daily struggles but the simple fact is YOU need to blame yourself,you put them where they are today.I disagree with 75% of the decisions that Obama has made.For one our Vice president cant spell a 2nd grade level word,and was proved during Obama's election,in a speech he did live,so if he can't spell what good economic idea's could he possibly have??Obama is doing what he thinks is right,however he is a man who has never lived a middle class life,so he doesn't know what the people need.Our country is suffering horribly due to his decisions as president,we owe numerous countries billions of dollars,and as of now China has been able to place a price tag on us,if they were to attack us,who could blame them??George W. Bush was a fine president who made long term decisions not just decisions to get us through the year,Obama reversed several of his acts and look where it has brought us today,people open your eyes up,2012 is right around the corner and its time to think,do you wanna stay unemployed,worried if your child is going to be able to get a education,or never getting any sleep at night because your concerned your bills wont get paid this month.A simple history fact will paint a picture for you,in the past 90 years only 2 Democrat presidents have gotten a 2nd term and that was Franklin D.Roosevelt and Bill Clinton ,which 1 of them was impeached from the office,and that is a 90 year streak that should NOT be broken in my book.Our country may never get itself out of this debt,recession,and high unemployment rates,but we the people can sure try and I hope 2012 that will happen.

    August 10, 2011 at 9:39 am |
    • Kevin

      Come on now Clinton's Impeachment had nothing to do with his presidential effectiveness. You sound like someone searching for a reason to discredit his presidency...smdh

      August 10, 2011 at 10:48 am |
    • jean2009

      @ Josh 'Obama's grandmother Madelyn Dunham, who died in Hawaii the day before Barack Obama's election to the Presidency in November 2008, was a powerful figure in Obama's life. Obama has frequently invoked his grandmother in his speeches and she appears prominently in his memoir. “She’s the one who taught me about hard work,” Mr. Obama said in that speech in Denver. “She’s the one who put off buying a new car or a new dress for herself so that I could have a better life. She poured everything she had into me. And although she can no longer travel, I know that she’s watching tonight and that tonight is her night as well.”
      During his fight over the Affordable Health Care Act of 2010 he often recounted the condition for his mother who died of ovarian cancer that she spent much of her final days fighting with her insurance company over payment of her medical bills....to me that doesn't sound like someone who is rich but rather someone who is middle class."

      Just remember who caused the mess we are in....George W. Bush.

      As for Joe's spelling remember Dan Quayle.

      Both members on the Democratic ticket for President have "law school professor" on their resumes, but did you know that Vice Presidential nominees Senator Joe Biden is still teaching throughout the campaign?

      Biden holds court in a class called "Current Issues in Constitutional Law" at Widener Law School in Wilmington, Delaware. On Saturdays when the senator can't make it, the course is co-taught. Biden has taught at Widener since 1991, and his class is widely popular. There are only 18 slots available, and there is a waiting list to get in.

      There's no word on whether Biden would continue teaching if he were to become Vice President of the United States."

      August 10, 2011 at 1:42 pm |
    • jean2009

      Franklin Roosevelt 1933-1945 Democrat
      Harry Truman 1945-1953 Democrat
      John F. Kennedy 1961-1963 Democrat
      Lyndon B. Johnson 1963-1969 Democrat
      Jimmy Carter 1977-1981 Democrat
      Bill Clinton 1993-2001 Democrat
      Barack Obama 2009-Democrat

      You are lacking much in history all these listed are in the last 90 years.

      We must remember that Bill Clinton did not leave office, but Richard Nixon who was about to be impeached did leave office....and Ronald Reagan tripled the deficit and George W. Bush took a surplus and squandered it and doubled the deficit twice...and with two unnecessary wars and tax breaks for the rich has left you with your current worries.

      August 10, 2011 at 1:52 pm |
  7. Kevin

    I won't waste my time addressing certain people but i will state this, there are positives and negatives in both political parties views. I say that overall George W. Bush was a bad president however he had his positive moments like any man. Obama has the right desire for America yet isn't able to affect the split congress enough to make a difference. He hasn't delivered on promises partially due to his own soft spoken nature and as well his complete and utter oposition of the TEA-Party. ALl you extreme one sided individuals truly show your ignorance if you believe that America's economy can be solved in a short time using one set of techniques. Logically it should be easy to observe that our economic problem must be a compromise from all those making decisions. I feel like if the politicians experienced loss of income for everyday they hinder the Government's effectiveness (just as common americans lose pay for not being at work) then we might see some actual moves to benefit and better this great country. I don't care what side you believe in but if you call yourself educated or whatever you must be able to see beyond your own experience.
    The lower middle class(which is where I am from) isn't to blame wholly just as the upper class isn't. It takes change from both sides to correct this. I am one that is in pursuit of my PhD. and the upper class finances so that i can hlelp give money and assitance to the lower class and improve the country unlike most of the wealthy. All I can hope is that in the next presidential term whether its Obama or a republican candidate will not be so political focused and focus on the well-being of the people that they are elected to serve. God Bless all who read this whether you agree or not.

    August 10, 2011 at 10:44 am |
  8. maikl

    Where is Yes we can and change. Obama not talk about it anymore. Obama don't have nothing to be president. He was historical person therefor he was vote to be president. No more experiment. His logo–Bush, tea party, Europe,. He is victim. The worse president ever.

    August 10, 2011 at 11:03 am |
    • jean2009

      Worst that is Ronald Reagan and George W. Bush.

      August 10, 2011 at 12:56 pm |
  9. maikl

    I just would like to now, if it'is place in space where people live w/out politician.?

    August 10, 2011 at 11:28 am |
  10. Bob Edwards

    A vote for Oblamya in 2012 is an epic fail!!! You dumb liberals rant on!

    August 10, 2011 at 2:48 pm |
  11. Bob Edwards

    I find it DISGUSTING, that this White House came out and said terrorists and now called "enemy combatants" and terrorists may get offended. They have NO PROBLEM, going to the podium and calling loyal American's Terrorists!!!!! DISGUSTING!!!! When are we going to get a real American in office that may be proud of America? 2012 hopefully!! anyone BUT NOBAMA!!!!

    August 10, 2011 at 2:52 pm |
  12. tryecrot

    Yes there should realize the opportunity to RSS commentary, quite simply, CMS is another on the blog.

    August 26, 2011 at 11:33 pm |