[lbo-talk] Peak Oil or Oil Bubble?

Doug Henwood dhenwood at panix.com
Fri Apr 15 07:48:25 PDT 2005


Jordan Hayes wrote:


>You're right, I hadn't gotten around to it yet, but now that you mention
>it, the graphs at least show the US at around 5,500 miles per year and
>the UK (which of course isn't London, which would be higher, no?) about
>4,000.

That's 27% less, which ain't nuthin'. But aside from the pretty charts, there's prose in there too:


>For more detail, we can turn to a recent study by Genevieve Giuliano
>and Dhiraj Narayan of USC comparing the driving habits of Americans
>and the British. Just 3% of U.S. households have no car, compared
>with 23% in Britain; 16% of U.S. households have more vehicles than
>drivers, compared with 3% of British households. Americans average
>four car trips a day, twice as many as Brits, and travel seventeen
>miles a day, almost three times as much as the U.K.'s average of
>six. The average American travels almost twice as fast, too. Almost
>90% of American voyages are by private vehicle, compared with 58% in
>Britain. Exact stats are unavailable, but it looks like Americans
>are almost twice as likely to drive solo. British travelers are more
>than five times as likely to take a bus, three times as likely to
>take a train, and almost five times as likely to walk or ride a bike
>than Americans.



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