Is the Time of Mass Transit Finally Upon Us in the United States?
Is the Time of Mass Transit Finally Upon Us in the United States?
Attachment: Future Light, Commuter, & Freight Rail Project Spending Analysis Chart
SUGAR LAND--May 12, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--With oil reaching record-high prices almost daily, consumers are watching the price at the pump inch ever closer to $4 per gallon. While the outcry has really not been overwhelming, many analysts are predicting $200-per-barrel oil prices in the near future, which could easily lead to $6 per gallon prices at the pump. Despite the nearly worthless proposals by certain presidential hopefuls to have oil companies pay the gas tax and thus help consumers -- a plan that would provide almost no relief and is obviously just a political ploy -- gas prices are going to continue to climb.
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