$1 billion prize for car that can travel 100 miles per gallon
Representative Daniel Lungren (R-CA) has introduced HR 1451, the “New Options Petroleum Energy Conservation Act of 2007,” a bill that seeks to provide incentives to reduce dependence on foreign oil. It includes, among other things, a $1 billion prize the first U.S. car manufacturer to sell 60,000 midsized sedan automobiles that can travel 100 miles per gallon.
IN THE HOUSE OF REPRESENTATIVES
March 9, 2007