Saturday, May 24, 2008

US Traffice Volume Trends

http://www.dot.gov/affairs/fhwa1108.htm
The FHWA's "Traffic Volume Trends" report, produced monthly since 1942, shows that estimated vehicle miles traveled (VMT) on all U.S. public roads for March 2008 fell 4.3 percent as compared with March 2007 travel. This is the first time estimated March travel on public roads fell since 1979.
At 11 billion miles less in March 2008 than in the previous March, this is the sharpest yearly drop for any month in FHWA history


http://www.fhwa.dot.gov/ohim/tvtw/08febtvt/08febtvt.pdf

http://4.bp.blogspot.com/_pMscxxELHEg/SDc1Ia_dmdI/AAAAAAAACCI/iBjoNSROKzY/s1600-h/VehicleMiles.jpg



Price is now affecting demand.... Oil prices are now becoming speculative..




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These are my own views, please enjoy these insights