Page 18 - Efficiency Standards News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> i guess where i dispute that is how -- how do we break our dependents on foreign oil when the total available oil in the reserves that were just opened up, according to the eia, if we're able to extract all it which may take around ten, 12 years which is 7 billion gallons estimates. consume in a single year in this country. once again the politics of drilling ahead of this summer driving season, are one thing, an argument that this is a comprehensive energy strategy -- or even part of it -- to get us off of foreign oil. looking at those numbers strikes me as suspect. am i missing something....

Produce profits. it can either lay off employees or eventually these costs have to be borne by someone and typically it is borne by the consumer. >> reporter: efficiency standards on appliances like refrigerators the forum says will cost more than $25 billion. >> just take a look at fiscal year 2012 when the administration admitted it was the most expensive in the ways they did cost accounting. >> reporter: quote, simply focusing on costs ignores the high net benefits to americans from many regulations. in terms of promoting health, safety, and welfare as well as reducing long run costs to the...