Introduce and support legislation to require the Department of Transportation to reevaluate fuel economy standards during gas price spikes and restore and increase financial penalties for automakers that fail to meet fuel efficiency standards.

Senator Edward J. Markey (D-Mass.) ... today introduced the Gas Money Saved Act, legislation that would require the Department of Transportation (DOT) to examine whether it can strengthen Corporate Average Fuel Economy (CAFE) standards during periods of skyrocketing gas prices. The legislation would also reinstate the penalties for automakers that fail to produce fuel-efficient vehicles as options for American drivers... Specifically, the Gas Money Saved Act would: Require DOT to reevaluate CAFE standards if gas prices rise at a rate five times faster than inflation over a six-month period, and; Restore and increase financial penalties on automakers if their car and truck fleet does not meet fuel efficiency standards.

Markey introduced and promoted the Gas Money Saved Act, which would trigger DOT review of CAFE standards during rapid gas price increases and restore/increase penalties for automakers missing fuel efficiency standards.

As Gas Prices Remain High from Trump’s War in Iran, Senator Markey Introduces Legislation to Protect Americans from High Costs at the Pump
primary · press_release · model gpt-5.5