Washington, DC -- RIDING PUBLIC TRANSIT SAVES INDIVIDUALS $9,242 ANNUALLY
Transit riders now save $600 more per year compared to last year at this time
as the cost of gas has increased nearly $1 per gallon
Washington, DC Individuals who ride public transportation can save on average $9,242 annually based on the January 11, 2010 national average gas price and the natonal unreserved monthly parking rate. Compared to last year at this time, the average cost per gallon of gas was $1.79 which is nearly $1 less than the current price of gas at $2.75 per gallon. This increase in cost equates to an additional $600 in savings per year for transit commuters as compared to last year at this same time.
The Transit Savings Report released monthly by the American Public Transportation Association(APTA)calculates the average annual and monthly savings for public transit users. The report examines how an individual in a two-person household can save money by taking public transportation and living with one less car.
Transit riders can save on average $770 per month. The savings amount is based on the cost of the national averages for parking and driving, as well as the January 11 national average gas price of $2.75 per gallon for self-serve regular gasoline as reported by AAA.
Taking public transportation provides a safe and affordable way for individuals and families to cut costs, according to APTA. In addition, local public transit offers a travel option that has an immediate positive impact in reducing an individual overall carbon footprint while helping reduce our dependence on foreign oil.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
4 comments:
I have a question. How do you get a tool trailer hooked up to a transit bus?
Does that include the legal fees for getting caught carrying a concealed weapon to protect yourself from the animals that right with you?
ok all i want to know is where they come up with the $9,242 amount ... it does not cost me anything near that to drive for a year
This is American Public Transportation Association propaganda.
Here are a few facts they left out.
The total number trips by transit in major metropolitan areas daily is less then 10%
The fare box recovery ratio for major metropolitan area transit agency is on average is less then 40%.
That 40% only is only used to pay for daily operating costs the other 60% daily operating costs come from taxes.
100% of capital costs for procurement of busses, trains and construction of support infrastructure come from taxes.
A percentage of both the state and federal motor fuel taxes are used the subsidize capitol and or operation costs of public transit. In some jurisdiction toll revenue is also used to subsidize daily operating costs and or procurement and construction.
In other words those folks that are saving on average $9,242 a year in transportation costs are being subsidize by the folks that don't or can't use public transit.
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