Finding the Ultimate Energy Lifeline Act of 2005, or FUEL Act of 2005 - Directs the President to select individuals to serve on a working group to identify strategies and methods to reduce consumption of foreign oil to less than 25% of total United States motor vehicle fuel consumption not later than 2015.
Requires such working group to: (1) identify alternative sources for motor vehicle fuels; (2) recommend appropriate federal actions for the development and use of such alternative sources; (3) assess the effectiveness of such federal actions; and (4) provide appropriate coordination of federal efforts.