For each dollar motorists spend on their vehicles somebody spends more than a dollar to park it. To reduce these costs many jurisdictions are eliminating or reducing parking requirements and encouraging more efficient parking management. You can too!
New data released by the Federal Highway Administration shows that vehicle mile traveled increased three percent for the first nine months of 2016 compared to the same period last year. Driving has increased continuously since April 2014.
2007 had set the prior record, which sparked the term, "peak miles driven" or "peak car." Historically low gas prices and an improved economy have fueled more driving, resulting in a record of 3.148 trillion miles driven last year.
An Australian study indicates that in large cities in Europe, North America and Australia, driving has 'peaked' largely due to congestion causing a limit to commuter's travel, known as the Marchetti wall.