Surprise! People are driving less

Surprise! People are driving less

CNN’s headline says, “As gas goes up, driving goes down.” Really? Huh, never saw that coming.

So… how are your state and federal gas tax revenues?

Compared with March a year earlier, Americans drove an estimated 4.3 percent less—that’s 11 billion fewer miles, the DOT’s Federal Highway Administration said Monday, calling it “the sharpest yearly drop for any month in FHWA history.” Records have been kept since 1942.

Written by
Domenico Bettinelli