Tag: National Policy Analysis #546

CAFE Standards Kill: Congress’ Regulatory Solution to Foreign Oil Dependence Comes at a Steep Price, by Ryan Balis

On the heels of the Arab oil embargo, in 1975 Congress enacted Corporate Average Fuel Economy (CAFE) standards as a regulatory solution to reduce the United States' dependence on foreign oil and gasoline consumption.1  CAFE standards mandate that vehicles sold ...

The National Center for Public Policy Research is a communications and research foundation supportive of a strong national defense and dedicated to providing free market solutions to today’s public policy problems. We believe that the principles of a free market, individual liberty and personal responsibility provide the greatest hope for meeting the challenges facing America in the 21st century.