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Senators and Representatives debating the benefits and, more importantly, the pitfalls of requiring cars and trucks to get better gas mileage may be in the news, but these same elected officials along with television talking heads seem to forget that this happened 35 years ago. Corporate Average Fuel Economy (CAFÉ) regulations came about in the 1970s as a response to the combination of skyrocketing fuel prices and gas guzzling vehicles. The answer to the problem was to require manufacturers to make more fuel-efficient vehicles...

In a previous life, people relied on me to keep them abreast of the goings-on in the automotive world. My current life makes knowing the restoration market a little more important than the global production of cars and trucks, but that doesn't mean I've stopped paying attention. All the buzz in the American automotive industry today, aside from "when is the market coming back," is about CAFE...