Truck Demand Looks Poised to Pop

On Tuesday President Obama announced he would order the Environment Protection Agency and the Transportation Department to create new fuel-efficiency and greenhouse-gas standards for trucks by the end of March 2016. The draft of the new regulations would be in place by March 2015, thus giving companies 12 months to digest, comprehend and act on them.

Yes, that's more than two years away -- but keep in mind that the term "truck" refers to combination tractors, pickup trucks and vans, as well as vocational vehicles. As proposed, those vehicle types will be required to reduce fuel consumption and emissions by between 10% and 20%. The White House claims the requirements, if passed, will save a projected 530 million barrels of oil and save owners and operators more than $50 billion in fuel costs....312 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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