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Wednesday, March 28, 2012

postheadericon Public transit holds key to Americaâs hidden energy reserve

With gasoline prices barreling upward, policymakers will undoubtedly continue debating the search for new North American oils. But this focus is misplaced. The real debate should be about our future mobility or how Washington can better manage federal transportation and oil investments. Ushering in a low-carbon, integrated transportation system is the key to navigating the pitfalls of global oil markets.
 
The connection between transportation and oil is undeniable. The U.S. transportation system is 94-percent dependent on oil, and the sector burns through 70 percent of U.S. oil consumption and 15 percent of world oil consumption. The inefficiency of the transportation system makes U.S. businesses and all Americans particularly vulnerable to gas prices.

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