Political Animal (Free subscription) | 05/09/2008
OIL PRICES AND DRIVING HABITS....So how much have Americans cut back on driving in the past few months? Here are a couple of data points. First, on the right, is the weekly amount of motor gasoline produced in the United...
The Bellows (Free subscription) | 05/09/2008
Kevin Drum has numbers suggesting that consumers are responding to gas prices a little more than had been thought. On a per capita basis, he notes, vehicle miles traveled are down about 6 percent this year–still disappointing given the 50 percent increase in gas prices, but impressive considering limited consumer options. He also cites an Los [...]
