A U.S. Senate committee rejects a proposal 15-7 to make light trucks, including SUVs, adhere to more stringent passenger car fuel economy rules. The proposal was backed by Sen. Dianne Feinstein (D-CA), who argued it would cut U.S. oil imports by 1 million barrels a day – equal to 10% of daily foreign crude purchases, reports Reuters. Last week U.S. crude-oil imports were at a record high. The proposal would have increased the federal mileage requirement for light trucks from the current ...

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