Gas Prices And Transit Ridership Unrelated
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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Thanks to Chris Steins
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Published on Tuesday, October 5, 2004 in
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