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Gas Prices And Transit Ridership Unrelated

Posted by: Chris Steins
Thanks to: Chris Steins
7 October 2004 - 11:00am

Ridership on mass transit systems across the U.S. seem to be slipping, despite significantly higher gas prices.

Record-high U.S. gasoline prices have failed to sharply boost use of mass transit, with ridership actually dropping in some of the nation's highest-cost markets... The slack demand is prompting transit officials to question how high gas prices must go to break the bond between U.S. commuters and their cars. A Chicago Transit Authority spokesman put the breaking point at $3 a gallon, while a Los Angeles County transit official put the figure at $10 for his auto-addicted area."

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Full Story: U.S. commuters wedded to the wheel
Source: CBS News, October 5, 2004
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