High Gas Prices a Good Thing?
According to a recent study by professors Michael Morrisey of the University of Alabama-Birmingham and David Grabowski of Harvard Medical School, as gas prices increase there is a decrease in automobile accident deaths. A 10 percent increase in gas price resulted in a 2.3 percent decrease in deaths. Automobile accidents account for nearly 40,000 deaths per year, and it is estimated the recent gas price increase to $4.00 per gallon could decrease automobile deaths by nearly 1,000 per month, resulting in nearly a 1/3 reduction. Read the rest of this entry »
Popularity: 29% [?]
Tags: car accidents, gas prices, gasoline, transportation, used cars Posted in