What do you know? I wonder how this will affect oil company profits? On the other hand, imagine what would happen if we also increased our MPGs as well as drove less...
According to Reuters:
Total travel fell 0.4 percent to 3.00 trillion miles from 3.01 trillion miles in 2006.
In December, when U.S. retail gasoline averaged $3.02 a gallon, travel fell 3.9 percent to 236.6 billion miles from 246.3 billion miles in 2006.
With gasoline prices still climbing, other data shows Americans are responding by changing their gas-guzzling habits. Not only are they driving less, but they are buying more fuel-efficient vehicles and utilizing more public transportation. Daily ridership on U.S. subways and public buses is at the highest level in more than 50 years.
No comments:
Post a Comment