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U.S. driving drops for 9th straight month

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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-08 10:54 AM
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U.S. driving drops for 9th straight month
WASHINGTON (Reuters) - Motorists on U.S. roads applied the brakes hard on driving when gasoline prices peaked over the summer at more than $4 per gallon, according to the latest government figures released on Tuesday.

The 3.6 percent year-over-year decline in miles traveled on all roads in July cemented a downward trend begun nine months ago in response to rising pump prices and economic weakness.

While the June drop was 5 percent, the July drop was still sharp and may be more illustrative of consumer habits and concerns about the economy. July is a usually heavy driving period marked by traditional summer vacations and the Independence Day holiday.

http://www.reuters.com/article/GCA-Oil/idUSTRE48T6U620080930
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tblue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-08 10:56 AM
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1. I try not to drive any more than absolutely necessary. Just can't afford it.
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