National Petroleum Council Report Puts Emphasis on Improving Vehicle Fuel Econom

Implementing stringent fuel economy standards for light-duty vehicles is one of the principle strategies needed to reduce petroleum demand that is outlined in a report presented today to the Secretary of Energy by the National Petroleum Council (NPC).

Energy Secretary Samuel Bodman requested the report assessing the future of oil and natural gas through 2030 from the NPC in 2005. The NPC is a formal federal advisory committee to the Secretary of Energy. The 21-month effort by the NPC Committee on Global Oil and Gas, which was chaired by former ExxonMobil CEO Lee Raymond, involved 350 participants, two-thirds of whom were outside the oil and gas industry.

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