NMA Driving News Weekly Roundup for April 20, 2018

In this week’s Driving News Roundup:

–US Senate kills rule against discriminatory auto lending—
–Automakers push for 95 octane gas—
–Gas prices expected to rise this summer—
–Iowa Traffic Cam Bill in Limbo–

Click on the color headline to read the full story.

NMA Driving News Stories of the Week

Senate votes to kill rule against discriminatory auto lending
The U.S. Senate on Wednesday invalidated Obama-era guidance aimed at preventing auto lenders from charging borrowers higher rates based on factors such as race or national origin. The Senate voted 51 to 47 to disapprove the guidance, which was issued in 2013 by the Consumer Financial Protection Bureau and regarded by critics as an overstep of the agency’s powers.

Citing fuel-economy benefits, automakers push for 95 octane gas
Touting lower greenhouse gas emissions and higher fuel economy, Detroit’s automakers want the U.S. to boost its octane. GM, Ford, and FCA are working with the U.S. Council for Automotive Research on a plan to switch from the three octane choices at most pumps to just one: 95 octane. Such a move would put the U.S. in line with Europe. Automotive News reported that Dan Nicholson, GM’s vice president of global propulsion systems, said in testimony before the House Energy and Commerce Committee’s environment subcommittee last week that even though premium unleaded currently costs around 50 cents more per gallon than regular at most pumps, moving to 95 octane would cost consumers far less.

Gas prices expected to rise this summer
Be prepared to adjust your family’s summer vacation budget. Prices at the fuel pump are expected to be 14 percent higher than last summer and the U.S. government predicts a national average of $2.74 per gallon. Brent Crude, the global benchmark, surged to $72 Thursday, which is higher than the Energy Information Administration’s forecast of $63 for the summer. Last summer’s high was $51 indicating that gas prices could rise even higher than the government’s estimate.

Opinion and Commentary from around the Web

News Stories from around the Web

National News Watch

Auto Recall and Auto Safety News

Automatic Traffic Enforcement and Surveillance

Driver’s License Watch

Driving in America

Driving Tips and Explanations

Infrastructure Watch

Vision Zero Watch

 

The NMA Driving News Roundup is a regular feature on the NMA Blog, where we highlight some of the most interesting driving news stories of the week. If you have a story for Driving News, send the url via email to nma@motorists.org. Every other Sunday, catch the Car of the Future Roundup blog post.

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