Trump administration to announce new fuel economy standards Wednesday, sources say
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Why This Matters
The Trump administration is set to announce new fuel economy standards, following lobbying from the American Petroleum Institute to repeal the existing standards set by the Biden administration.
Market Impact
Market impact analysis based on bearish sentiment with 60% confidence.
Sentiment
Bearish
AI Confidence
60%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The oil industry group the American Petroleum Institute has lobbied the Trump administration to repeal the Biden fuel economy standards.
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Full article on CNBC
Original article published by
CNBC
on December 3, 2025.
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Analysis and insights provided by AnalystMarkets AI.