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Researchers at the University of New Hampshire have been crunching some numbers.

And they've found New England stands to gain billions of dollars when fuel economy standards are tightened.

Last month, President Barack Obama announced he would work to improve fuel economy standards from an average of 25 to over 35 miles perr gallon by the year 2016.

That's a 40 percent increase.

And as Cameron Wake tells NHPR's Mark Bevis, that savings will likely go directly back into our economy.

Wake is a Research Associate Professor at the Institute for the Study of Earch, Oceans and Space at UNH.