Friday, July 25, 2008

Traverse City Does Not Need More Roads

Why build more roads when in the future fewer cars will be on the road? Why not use the money you're supposed to for non-motorized trails and transport?

See: Report Projects 4% Shrinkage of US Vehicle Fleet in Face of $7/Gallon Gas by 2012
CIBC World Markets Managing Director/Chief Economist and Chief Strategist Jeff Rubin is projecting a shrinkage in the US vehicle fleet of 10 million vehicles in light of projected $7/gallon gasoline by 2012.