High gas prices drive down traffic fatalities
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The steepness of the fatality decline underscores a point several experts have made recently — that raising the price of gas is more effective than almost any other means of reducing fatalities.
“It’s really very interesting that with all these efforts that have gone into building safer highways, safer cars, better enforcement ... this really dramatic change we’re seeing is due to economics, to the price of gasoline,” said Paul Fischbeck, director of Center for the Study and Improvement of Regulation at Carnegie Mellon University.
The impact of high gas prices appears to extend well beyond traffic fatalities, also reshaping the way in which Americans travel and where they choose to live. Public transit, from trains to buses, is enjoying a revival. Amtrak, the passenger rail service that once struggled to attract riders, is now so popular it may soon not have enough trains to meet demand.
The increased cost of commuting to work by car is making close-in urban neighborhoods more attractive, accelerating a shift away from suburbs on the fringes of metropolitan areas — neighborhoods that have already been battered by the mortgage credit crisis.
“This is really the first time since the 1970s that people are thinking about driving and about what is the cost of an individual trip,” said Mark Vitner, a senior economist at Wachovia.
Christopher B. Leinberger, a visiting fellow at the Brookings Institution and an expert on metropolitan development trends, predicts that in many metropolitan areas fringe suburbs will become tomorrow’s slums, while walkable neighborhoods close to employment and city amenities become more desirable because of a variety of demographic changes that have been under way for several years.
High gasoline prices that drive up the cost of commuting by car “will just accelerate that,” Leinberger said.
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