Auto Group to defend foreign oil dependency before Congress today

Forget global warming, foreign oil dependency is just too good!

Today, automakers "will take their hardest line in urging Congress not to raise fuel efficiency standards."

"Automakers acknowledge the debate in Washington has dramatically shifted in the past six months in favor of reducing carbon dioxide emissions, in light of growing concerns over climate change. They worry Congress will quickly pass a bill that will cost the industry more than $100 billion in the decade to come and force them to drop some types of larger vehicles, the most profitable for the Detroit Three. Automakers also argue that new standards could add as much as $5,000 to a vehicle's cost because of hybrid technology and other improvements, and that customers may not be willing to pay that cost."

Costs, huh? And foreign oil dependency hasn't had any costs? $100 billion? That's just a fraction of the costs for just the second war in Iraq, but let's forget about those costs.

(Source: DetroitNews)