July 30, 2008

Energy Prices Are Bright Sliver in Grim Economy

Americans are driving less and conserving more energy, and the market has responded - oil prices have dropped by $23 per barrel since July 3. (New York Times — Jad Mouawad)

July 29, 2008

Gas prices drive push to reinvent America’s suburbs

Gas prices and the housing crisis have jolted Americans awake — and made many reconsider whether their suburbs should be built as car-centered, sprawling landscapes or walkable, cohesive communities. (USA Today — Haya El Nasser)

July 29, 2008

As Americans drive less, highway funds drop

U.S. Secretary of Transportation Mary Peters explains that the country is in need of a more sustainable source of funding for our federal transportation program, but admits, “The next president, the next administration, the next Congress will decide what to do.” (Associated Press)

July 29, 2008

However we pay for it, we all need a better transit system

South Carolina journalist Brad Warthen says that Columbia is in desperate need of a better transportation system. (The State)

July 29, 2008

Drop in Miles Driven Is Depleting Highway Fund; Loan From Mass Transit Is Urged

With gas tax revenues dropping due to changes in Americans’ driving habits, White House officials think they have an easy fix — raid the federal transit fund, right as commuters are hopping on trains and buses in record numbers. (New York Times — Matthew Wald)

July 29, 2008

Trading Places

Cities are undergoing dramatic demographic changes, according to The New Republic’s Alan Ehrenhalt, and well-off whites are increasingly taking the place of poorer minority residents in urban centers.

July 29, 2008

Billions needed to shore up nation’s bridges

One year after the Minnesota bridge collapse, the Federal Highway Administration reports that 12 percent of the nation’s bridges are structurally deficient. (USA Today — Marisol Bello)

July 28, 2008

Funds for Highways Plummet As Drivers Cut Gasoline Use

Reacting to unprecedented fuel costs, Americans have cut back on driving by more then 40 billion miles over the past seven months — but the resulting decline in gas tax revenue poses a major issue for transportation financing. (Wall Street Journal — Christopher Conkey)

July 28, 2008

State of the City

In an interview with the Wall Street Journal, Harvard urban economics professor Edward Glaeser argues that high gas prices prices could usher in a “wholesale change in the nature of American urban development.” (Wall Street Journal — Kelly Evans)

July 28, 2008

Housing crisis hits exurbs hard

The combined effects of the housing crisis and fuel price explosion has made single-family units in far-off suburbia seem a lot less appealing, and the real estate market is feeling the heat. (Christian Science Monitor — Michael Farrell)

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