Article from: www.thenewspaper.com/news/03/316.asp
In the 70's, U.S. officials imposed a national 55 MPH speed limit in order to save fuel. The limit outlasted the oil crisis and was only repealed in 1995. Now the skyrocketing price of oil has led the European Union's Energy Commissioner, Andris Piebalgs, to recommend the idea in Europe. He is calling for a speed limit reduction throughout Europe to 90 KM/H (55.9 MPH). Although not directly responsible for speed limits, Piebalgs is pushing the issue with his colleagues."When cars in Germany race along the roads at a speed of 200 km per hour, of course they use a lot of petrol", the commissioner pointed out.Source: Energy Commissioner backs reduced speed limits to save oil (EUobserver.com (Belgium), 4/9/2005)