An Update on Cheap Oil and Biking
Sunday, December 14th, 2008High oil prices prompted Americans use their bike more than their car. Last month we wrote about the falling price of oil and how people were still biking more.
Since then the prices of oil has dropped even more.
Still, the October driving numbers are down according to the Federal Highway Administration:
Americans drove more than 100 billion fewer miles between November 2007 and October 2008 than the same period a year earlier, said U.S. Transportation Secretary Mary E. Peters, making it the largest continuous decline in American driving in history.
The Secretary noted that Americans drove 3.5 percent less, or 8.9 billion fewer vehicle miles traveled (VMT), in October 2008 than October 2007, making it the sharpest decline of any October since 1971.
Of course during this downturn, bike commuting and public transit ridership have increased.
And, these changes are not just due to high oil prices. (more…)


