Home > American Public Transportation Association, consumer issues, energy, motor vehicles, transportation and travel > Public Transportation Protects Americans From Gas Price Volatility

Public Transportation Protects Americans From Gas Price Volatility

June 10, 2012
Source:  American Public Transportation Association

Improving transportation options saves consumers money, increases affordability, reduces exposure to price volatility and is good for the economy. In fact, investments in public transit provide a large direct financial return to consumers: increased public expenditures are more than repaid, on average, in transportation cost savings. The predictability of these savings becomes even more important during periods of price volatility. Families cannot plan household budgets when faced with high volatility—they need stable alternatives. This paper highlights the role that public transit plays in protecting Americans from price volatility, as well as strategies that can buffer Americans from future gas price shocks.

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Categories: American Public Transportation Association, consumer issues, energy, motor vehicles, transportation and travel
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