
As fewer people drive with high gas prices, it's time to consider investing resources otherways.
November 28, 2008
Affirmative Energy Action: A proposal to encourage the purchasing of fuel efficent cars and trucks.
Can China and the US Can Work Together to Reduce Their Crude Oil Consumption?: World oil consumption is a concern for all Americans. Can the two big oil users work together to conserve oil?
Energy Conservation: Or why you should not buy a more efficient car.
Oil Price Problems: Nobody has had time to adjust to higher oil prices, nobody knows the future.
On the Issue of Fuel Economy: Andrew dares to step into the debate about fuel economy.
Overemphasis on MPG: While we should care about MPG, our livestyle choices are more important.
What If Gas Gets Cheap?: Lower cost fuel will be a big distinctive to conserve.
Why I Don't Care About Gas Prices: Not driving much the high cost of fuel doesn't effect me.
Why Peak Oil Won't Hurt Society: Our economy and human nature is indefinitely mailable within the limits of mankind.
The US Department of Transportation is quite concerned that the Highway Trust Fund will be depleted due to a drop in income from the federal highway tax. The fixed highway tax is based on the number of gallons sold, and with the drop in driving due to high energy prices, less revenue is come in. Several schemes have been proposed to make up for lost revenue, but I think the best option is the one used during the last funding crunch in the 1970s—a moratorium on new highway construction.
Specifically I would suggest:
Nobody knows high the drop in traffic will be in the future, but “downgrading” our highway system is something we must realistically think about in the future. If traffic levels remain about the current level, the likely result is more fatalities per mile and traffic jams. However, if we adjust properly with the drop of traffic from high fuel prices, we will save a lot of money, and restore land from more dignified uses then massive “walls” just moving cars quickly.
The drop of fuel taxes is a signal from market saying “we want less highways”. We should respond. Likewise, if ridership and revenue continues to increase on mass transit, we should be increasing subsidies at a proportional amount, until transit once against becomes able to function without government subsidy.