To: MSI who wrote (286171 ) 8/12/2002 11:51:25 PM From: MSI Respond to of 769670 Better tech alone would wipe out the need for Terrorist Oilucsusa.org The report presents steps we can take now, using American technology and know-how, to reduce the oil needed to power America's cars and light trucks. We can cut that oil demand in half by 2020 -- and give American consumers the best and safest driving choices in the world -- by building better vehicles and making better fuels. "Detroit has the technology to end our oil addiction," said Jason Mark, director of the Clean Vehicles Program at UCS. "If cars and trucks live up to their technological potential, by 2010 we can save more oil annually than we currently import from Saudi Arabia." That would mean big savings for consumers at the gas pump: a person buying a 40 mpg car in 2012 would save a net of $2,200 over the life of the vehicle. Total consumer savings from all of these policies would equal nearly $13 billion per year in 2012, and almost $30 billion by 2020. These measures would cut heat-trapping carbon dioxide and other global warming emissions by more than 440 million tons in 2012, and more than a billion tons in 2020. By 2020 we would avoid more than 1 billion pounds worth of smog-forming emissions annually. The High Cost of Oil Imports American drivers used more than 120 billion gallons of gasoline in 2000, costing $186 billion. If fuel economy does not improve, passenger-vehicle fuel use will increase more than 50 percent by 2020, to almost 190 billion gallons per year. The United States spent $106 billion -- about $380 per person -- importing crude oil and petroleum products in 2000. By 2020, oil import spending is expected to hit $160 billion, according to the U.S. Department of Energy, an increase of more than 50 percent.