Obama to unveil truck efficiency standards next week

President Obama will travel to Virginia next week to announce new fuel-economy standards for heavy-duty trucks.

The White House said Thursday that Obama will make the announcement next Tuesday at Interstate Moving Services in Springfield, Va.

“The new standards will provide American businesses, who operate and own these commercial vehicles, tens of billions of dollars in fuel savings, and will dramatically reduce oil consumption and cut pollution,” the White House said in a statement.

Obama last week unveiled tighter fuel-economy standards for model year 2017-2025 cars and light-duty trucks. The plan sets a fleet-wide average standard of 54.5 miles per gallon by 2025.

The president touted the new standards, which were negotiated in conjunction with the country’s major automakers, as “the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil.”