Recently the Democratic Congressional Campaign Committee (DCCC) sent out a “2014 Priority Issues Survey.” In addition to the obligatory Tea Party bashing: “help the Democrats protect the progress we have made from Tea Party radicals, deliver the positive changes America needs and help Democrats win a Majority in the U.S. House of Representatives!” and the fundraising requests to “help protect House Democrats against Republican attacks”—there is a section on energy.
Section VII, asks: “Which of the following will help America achieve energy independence?” It offers five options that do little to move America toward energy independence—which isn’t even a realistic goal given the fungible nature of liquid fuels. Additionally, most of the choices given on the DCCC survey actually increase energy costs for all Americans—serving as a hidden tax—but hurt those on the lower end of the socio-economic scale the most. The proposals hurt the very people the party purports to champion.
The survey asks respondents to “check all that apply.”
-Raising gas mileage standards for all new cars and trucks
This choice presumes that making a law requiring something will make it happen. Sorry, not even the Democrats have that kind of power. Even the current Corporate Average Fuel Economy (CAFE) Standard of 54.5 miles per gallon (mpg) by 2025—finalized on August 28, 2012 and called “the largest mandatory fuel economy increase in history”—will be tough to hit.
The CAFE standards mean that a carmaker's passenger vehicle fleet average must achieve 54.5 mpg. To meet that, and produce the big pick-up trucks and SUVs Americans like to drive, the manufacturers must also produce the little itty-bitty cars with mpg above 60 and the more expensive hybrids (not one of which was on the top ten best-seller list for 2013)—or have a loss leader like the Chevy Volt to help bring down the average.
Today, at 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for October 31st, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 29th, 2014 | John Ransom