At the House International Relations Committee hearing on "Terrorist Threats to Energy Security," John P. Dowd, a senior research analyst at Sanford C. Bernstein & Company, Inc, suggests that reducing the demand for transportation fuel is the only realistic way of gaining energy independence in the U.S

Posted by Staff on July 27, 2005 |

Dowd adds that by improving the fuel efficiency of all vehicles by two miles per gallon, the demand for gasoline would be reduced by roughly one million barrels per day. (:24)

 
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July 27, 2005

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