What utter drivel.
The 55mph speed limit was introduced during the 1973 oil crisis specifically to reduce gasoline consumption during a time where there were lines for gasoline in short supply. The crisis was exacerbated by the US predilection for large cars with big engines, and was a large factor in Detriot's fall from the wealthiest city in the US in 1960 to one of the poorest today. Asian and European manufacturers had been contending with oil supply issues ever since WWII, so had been built small cars with smaller engines for decades, and were therefore well positioned to supplant US manufacturers during the '70s oil crisis. Aerodynamic drag force increases with the square of velocity. 70mph is 27% faster than 55mph, but the drag force is 62% more. The faster you drive, the bigger the proportion of energy used to overcome drag becomes. That's why the Bugatti Veyron, the fastest production road car in the world, with a respectable drag coefficient, can only manage just under 2mpg at its top speed of 267mph. It burns through 26.4G of fuel in about 12 minutes. That's also the reason why the Toyota Prius, Honda Insight and Teslas have great drag coefficients by design - aerodynamic efficiency is absolutely essential to their success.
We currently have batteries that can be charged with 200 miles of range in 15 minutes. Contrary to your earlier assertion, they, along with regular charging stations already makes long distance trips practical. Charging may not be as fast as filling a gasoline tank (~300 miles in ~5 minutes), but that is usable and will improve. Even if you want an 80% charge (40 minutes), or full charge (1hr), planning can make that practical. My Tesla-owning friend plans his long distance trips with meal and rest breaks to allow for charging. Again, it's not currently as practical as gasoline, but it is not "completely impractical". And yes, there are indeed proposals to make long distance EV trips more practical. They mostly boil down to faster charging, higher capacity batteries and more, higher amperage charging stations. Technical and economic hurdles take time to overcome. Remember the 1908 Ford Model T had a maximum range of 200 miles, and there weren't yet many gas stations. That didn't stop Ford selling 15 million of them by 1927. The development of rechargeable battery technologies since the 1980s has been staggering, from NiCd batteries with a 50Wh/Kg energy density in the early '80s, through NiMh (90Wh/Kg) in the '90s (driven mainly by laptop and cellphone adoption), to today's LiPo batteries that are now reaching energy densities in excess of 250Wh/Kg and becoming ubiquitous. The challenge is that Lithium based chemistries are inherently more dangerous than Nickel, and that makes Lithium batteries more difficult to handle and charge. A NiCd battery tolerates extreme charge rates that Lithium batteries will not. We can easily charge a NiCd battery in 5 minutes if the charger can provide the current, but the range would only be 60 miles for a typical car-sized pack.
As a member of the "bike and choo choo" crowd myself, I very much consider the current practical limitations of EVs a bug, and not a feature. That's the reason why I currently still drive a car with an internal combustion engine. The writing is on the wall though as all the major car manufacturers are now investing heavily in EV technologies, and replacing gasoline engines with electric motors in future models. Even the next planned generation of the venerated VW GTI is rumored to be electric, so VW is obviously comfortable with the progress of technology development since the introduction the ID.4 with its frankly abysmal range. The reality is that really long trips by car are already impractical anyway when compared in time costs to aircraft. That used to be even more-so before 9/11 when security lines were speedy. If you're really worried about that extra hour spent charging during an 800 mile drive then maybe you should have flown. In terms of fuel consumption though, it's a mix. An SUV-full of people uses less fuel per passenger-mile than the average aircraft, but any road vehicle with only a driver and no passengers will use more. Thus, it's typically financially cheaper and more environmentally friendly to drive on a long distance family vacation, if you have the time, but the solo business traveler is better off on the aircraft nearly every time.
I too would like to see the 55mph limit raised in many places where it still exists despite the fuel consumption impact of driving faster, but safety implications are relevant. The kinetic energy of a mass is also proportional to its velocity squared, so a car at 70mph has 62% more kinetic energy than one at 55mph. That makes accidents much more dangerous thus more likely to lead to incidents that cause larger traffic delays such as crush, rollover, ejection and death events that leave travel lanes blocked, instead of shunts that end up in the breakdown lane after a minute or two. Higher speeds require exponentially greater braking distances too, increasing the likelihood of accidents during sudden slow-down events. I can't help but feel (without any real statistical evidence) that speed limits are set too conservatively though. In a state where the 90th percentile speed during a traffic survey is supposed to be used to determine the speed limit, I'm often left wondering if that survey was undertaken during a traffic jam, as about 100% of traffic exceeds some of the limits around here. The devil on my shoulder wonders if the police just like letting everyone speed a little, knowing that they then have probable cause to stop anyone...
The 1973 National Maximum Speed Limit Law was expected to save 2.2% of consumption. In reality it only saved an estimated 0.5-1%, partly because many people simply ignored it. That was but a drop in the ocean though when compared to the shortage. Who could have possibly guessed that setting a price ceiling on oil would lead to a reliance on foreign oil from a tinderbox region? In the 3 years prior to the crisis, oil imports increased 52%, such that 83% of the oil used in the US was imported at the beginning of the crisis. Maybe if Nixon hadn't set that ceiling, the price of gasoline would have increased over those 3 years leading to at least some behavioral changes and softening the impact of the crisis. I have to agree with my motorcyclist friends that bemoan that speed limit applying to them. Their consumption has always been minimal compared to the average car.