$4 per gallon gas has an upside

Published: June 16, 2008 at 8:35 AM
GAS PRICE LEGISLATION PASSES

NEW YORK, June 16 (UPI) -- Record gasoline prices are slowing the U.S. economy, pinching consumers and businesses alike but they also have an upside, social observers said.

Gains can be found in increased use of mass transit, healthier citizens, fewer traffic accidents, shorter commutes and an increased focus on biofuels, Foreign Policy magazine reported online.

Use of mass transit gained by 85 million more trips in the first quarter of 2008 compared with 2007, the American Public Transportation Association reported recently. And bicycle sales are skyrocketing, a quick step toward increased exercise, the magazine reported.

Researcher Charles Courtemanche of Washington University in St. Louis tied the price of gas to obesity, claiming a $1 rise in gas prices would lead to a 16 percent reduction in obesity after seven years.

Safety officials are also reporting fewer fatalities on the road, attributed to slower driving speeds, Foreign Policy said.

The average drive to work has declined by more than 5 minutes in Southern California, because many are switching to jobs closer to their homes, leaving more room on freeways, the report said.

Finally, the biofuel supply nearly tripled from 2000 to 2007, leaving the United States less dependent on imported oil, the report said.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Chrysler focuses on its truck brands (9 min)
Virginia hires London as football coach (41 min)
GM, Chrysler: New leaders on two tracks (47 min)
Banks in Britain pan 'supertax' idea (56 min)
Marijuana helps reduce MS symptoms
Caps' Backstrom takes NHL No. 1 star award
Feds set up online help for farmers
fark
Two men make 28,000 fake hotel reservations for points to make not-so-fake hotel reservations
Classic pictures of people drinking. This is what Fark parties looked like before the Interweb
For just $150,000, you can own a condo in upper Manhattan. As long as you don't mind living in 175...
"You want a transgender discrimination lawsuit with that?"
"There are certain things a suspect expects a cop to say and 'always blow on the pie' is not one...
Once again, another story about a lesbian has men around the world bashing the bishop