July 29 (Reuters) - President Barack Obama on Friday formally unveiled a proposal that would dramatically increase U.S. fuel economy standards for cars and trucks by 2025. [ID:nN1E76S0XO] The plan would require company fleets of light vehicles to average 54.5 miles per gallon by 2025, up from the 35.5 mpg target currently required by 2016. Following are comments about the proposal: PRESIDENT BARACK OBAMA, July 29 "This agreement on fuel standards represents the single most important ...
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