Washington, D.C.—In response to the announcement on fuel economy standards by the Biden Administration, SAFE President and CEO Robbie Diamond made the following statement:
“From the 1973 Oil Crisis to the Colonial Pipeline outage, breaks in the petroleum supply chain have caused price spikes at the pump and harmed businesses and consumers. For almost 50 years, fuel economy standards have been America’s strongest defense against oil volatility, by reducing dependence and wringing out as much value as we can from the oil we do use.”
“As transportation goes connected and electric, these new standards will do more than protect Americans against oil price spikes. These standards will encourage automakers toward EVs, and help the U.S. compete with China for leadership in tomorrow’s connected and electric transportation.”
Contact: Alex Adams | 202.461.2374 | aadams@secureenergy.org
About SAFE
SAFE enhances the nation’s energy security and supports our economic resurgence and resiliency, by advancing transformative transportation and mobility technologies and ensuring that the United States secures key aspects of the technology supply chain to achieve and maintain our strategic advantage.
In partnership with the Electrification Coalition, SAFE’s sister organization, we work with consumers, businesses, and policymakers, to launch award-winning “real-world” programs and enable the needed polices to accelerate transportation electrification around the country to reduce our Nation’s dependence on oil.
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