Volatile Gas Prices Point to Increased Use of Public Transportation
The public transit industry has teamed up with Building America’s Future to call upon Congress to act now and ensure public transit systems have the resources to handle added demand.
“Congress must pass surface transportation reauthorization that recognizes the added demand the systems are facing,” said Paul Jablonski, chief executive officer of San Diego Metro Transit System and chair of the California Transit Association. “Our system achieved record ridership growth while providing vital transportation solutions to the citizens of San Diego. Our political leaders must look to continue to support its expansion.”
“We know these up and down spikes in gas prices will bring more riders,” said Curtis Stitt, president and CEO of the Central Ohio Transit Authority. “We must invest now or our system will not be able to accommodate this influx of new public transit riders looking for alternatives to driving.”
The projected estimates use the 2011 APTA Public Transportation Ridership Report as a baseline. To show ridership growth, this elasticity projection is compared to a given increase above the average price for regular gasoline as reported in the last 2011 report by the Energy Information Administration of the U.S. Department of Energy.
A copy of the report can be found at www.apta.com.
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