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Transportation Solutions News
For Immediate Release:
2008-06-25
For More Information:Jacob Koetsier
609-394-8155 John Krieger, (202) 546-9707 Squandering the Stimulus: Average American Households Spent Economic Stimulus on GasBut Congress considering near $2B help for public transportation in response to high gas costs Without sufficient alternatives to driving, American families spent their entire economic stimulus check on high-priced gas. According to new analysis from the New Jersey Public Interest Research Group, since President Bush signed the tax rebates into law on February 13th, the average household spent over $1500 filling their tanks. Gas costs were higher than average in areas without robust public transportation. According to the analysis released by NJPIRG, since February when President Bush signed the tax rebates into law, the average cost per household for gasoline has gone from just over $60 weekly to almost $100 per week. Americans have responded to higher gas costs by taking public transportation at record rates in areas where it is available. American drivers traveled fewer miles last year for the first time in almost thirty years. Transit agencies have struggled to keep up with the increased ridership volume. As early as tomorrow, the US House of Representatives will consider the Saving Energy through Transportation Act, a bill that would authorize close to 2 billion dollars to allow public transit agencies across the country to reduce fares and to expand services. The New York/New Jersey metro area would receive $281 million over two years. “If Congress wants to do something long-term about high gas prices, it will give people more alternatives to driving,” said Allison Cairo, NJPIRG’s Executive Director, “Unless we make it easier to drive less, American families will be stuck in neutral as they spend more and more at the pump.” Analysis by NJPIRG shows that public transportation created net oil savings totaling 3.4 billion gallons in 2006. This is enough to fuel 5.8 million cars for an entire year and to save about $13.6 billion in gasoline at today’s prices. Here in the New York/New Jersey metro area, public transit saved 1.7 billion gallons, the equivalent of saving $7.2 billion at the pump today. Additional
NJPIRG-released analysis, which was generated by the Center for Neighborhood
Technology (CNT), also shows that neighborhoods around the country with the
best access to transit spent an average of $728 monthly on all transportation
costs based on 2000 Census data, including gas, insurance, upkeep, and transit
fares. Households in neighborhoods with the least access to transit, by
contrast, spent an average of $925 per month. http://htaindex.cnt.org
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