P&G in an automatic (mine at least) isn't too tough going to neutral. Engine Off would be deadly dangerous though.
Geo-political opinions aside: people don't follow the speed limit now, what makes you think people would follow a more specifically efficiency guided one?
The sweet-spot for my corolla (sans instrumentation) seems to be between 50 and 60. My Focus would do better at 60-65. At some point I had a hypothesis that whatever speed was top dead center of the speedometer was most efficient, but I never had the chance to test the theory.
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