May 12, 2011

AUTOPHILIA YIELDS TO BASIC ECONOMICS:

Gas prices push commuters to the train (Steve Hargreaves, 5/12/11, CNNMoney)

Rising gas prices are helping drive a double-digit growth in ridership at several public transit systems across the country.

In Miami, passenger counts on the regional rail service connecting the city to the northern suburbs are up over 12% in April compared to a year ago, according to the American Public Transit Association.

In New Mexico, the "Rail Runner," a commuter train that runs from south of Albuquerque to Santa Fe, attracted 14% more riders last month than the same time a year prior.

And in the Raleigh-Durham-Chapel Hill area of North Carolina, ridership on the express bus service connecting the three cities is up 18%.

The spike is being attributed to people going back to work after the recession and a steady rise in gas prices that's taxing the budgets of many motorists.


Unfortunately, it's not a function of taxing.


Posted by at May 12, 2011 6:44 AM
  

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