facebook
twitter
rss
account
search
search
 

U.S. Energy Department allocates $45 million for fuel efficiency

Sept. 5, 2013 at 6:54 AM   |   Comments

| License Photo
WASHINGTON, Sept. 5 (UPI) -- The U.S. Energy Department announced it was designating $45 million for research and development projects aimed at improving fuel efficiency.

The University of Michigan said last month the average "window sticker ratings" for fuel economy of vehicles in July was 24.8 miles per gallon.

The Energy Department said it was backing 38 different projects with a combined $45 million to improve fuel efficiency, lower transportation costs and cut down on greenhouse gas emissions.

Energy Secretary Ernest Moniz said Wednesday the research would eventually help save consumers money at the pump.

Motor group AAA reports U.S. consumers paid, on average, $3.58 for a gallon of regular unleaded gasoline Thursday, about 25 cents less than the same time last year. Refinery issues in the U.S. Midwest pushed gasoline prices above the $4 mark in some retail markets early this year.

Washington last year called for a fleet fuel economy of 54.5 mpg by 2025. Most of the projects targeted by the Energy Department's investment are for lightweight materials and advanced batteries.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
GM recalls 221,000 Cadillacs and Impalas GM recalls 221,000 Cadillacs and Impalas
2
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
3
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
4
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
5
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
Trending News
Video
x
Feedback