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| Home Front Economy |
| Driving continues to decline even as gas prices drop |
| 2008-12-13 |
| Drivers clocked 9 billion fewer miles on the nation's roads in October even while gas prices were dropping, suggesting a downturn in driving that began a year ago is attributable to more than just energy costs. Federal Highway Administration data released today show the number of miles driven dropped 3.5 percent in October compared with the same month a year ago. Between November 2007, when the driving decline began, and October, Americans drove 100 billion fewer miles. That's the largest continuous decline in driving the nation has experienced. Gas prices averaged $3.15 a gallon in October, down from a high of $4.09 in July, according to the Energy Information Administration. |
| Posted by:Fred |
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| Posted by: Frank G 2008-12-13 23:40 |
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| Posted by: Jolutch Mussolini7800 2008-12-13 22:47 |
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| Posted by: Frank G 2008-12-13 20:56 |
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| Posted by: SteveS 2008-12-13 20:42 |
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| Posted by: .5MT 2008-12-13 19:50 |
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| Posted by: Frank G 2008-12-13 19:39 |
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| Posted by: SteveS 2008-12-13 18:56 |
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| Posted by: Frank G 2008-12-13 18:24 |
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| Posted by: Jolutch Mussolini7800 2008-12-13 17:53 |
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| Posted by: phil_b 2008-12-13 09:33 |
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| Posted by: GolfBravoUSMC 2008-12-13 03:48 |
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| Posted by: GolfBravoUSMC 2008-12-13 03:39 |
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| Posted by: GolfBravoUSMC 2008-12-13 03:34 |