On Wednesday, I wrote about auto manufacturers having second thoughts about the EPA’s 2025 fuel efficiency standard they signed-on to in 2011, and the result of getting in bed with big government. They are forecasting difficulty in selling their cars – expected to cost some $6,000 more – in a market where low fuel prices prevail.
Now President Obama and his EPA have their sights set on the fossil fuel industry itself, making it even more difficult for auto makers to sell their cars. Continue reading