BELOW SUPERNAV drop zone ⇩

Rising gas prices driving people to mass transit

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

maylen

https://digital-stage.newsnationnow.com/

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation) — The surging average price of gas in the U.S. is likely driving Americans toward mass transit and alternative means of transportation.

One of the best ways to see the immediate result of high gas prices is to take a ride on public transit.

As daily life resumes after two years of stagnation brought on by the coronavirus pandemic and states have now rescinded universal indoor mask mandates, businesses are trying to persuade workers to return to the office.

This means an end to empty lanes on the nation’s highways as commuters are being pried from their work-from-home environs, not to mention their uber-casual work attire.

Higher prices at the pump can mean money-conscious consumers will drive less. Drivers are facing a one-two punch as higher gas prices come with an increasingly clogged commute.

Some believe gas prices going through the roof could lead to a change in the nation’s commuting habits.

“Gas prices are soaring — but bus, subway, and rail fares aren’t,” traffic consultant Samuel Schwartz, who goes by “Gridlock Sam,” tweeted Thursday.

Schwartz told WCBS newsradio that “traffic typically dips 2% for every 10% gas prices rise. When gas prices increased 30% nationally in 2008, traffic declined across the country by about 3%.”

Gas already costs more than $5 a gallon in at least one state — and $6 a gallon is on the radar.

“There will be some people that will say, ‘This is too much of a hassle, I can’t afford it, and not drive in,'” Schwartz said.

Some state governors are calling for a federal pause on the gas tax amid the nationwide gas hike, but any relief is not likely to come soon.

In South Florida, Tri-Rail trains between West Palm Beach, Fort Lauderdale, and Miami are the busiest they have been in two years.

Law student Cheyenne Pearson says driving the hour to class is no longer an option.

“I would love to drive,” she said. “But if I have to choose between filling up my gas tank for almost $90 when that could go to other expenses that I have. Especially as a student being in school, you never know what comes up.”

Steven Abrams, executive director of Tri-Rail, said it’s starting to look like pre-pandemic out there.

“Right when you saw the gas prices go above $4s — and sometimes it takes an artificial number like $4 — we saw a quick increase in ridership,” he said. “Most Tri-Rail tickets right now cost less than a gallon of gas.”

“Riders catch on pretty quickly to see the value … in using transit to get where they want to go as opposed to paying absorbant prices at the pump,” he said.

New York Gov. Kathy Hochul announced in early March that the New York City subway set a new record for single-day ridership since the omicron wave hit.

And in Connecticut, rail service is now about three-quarters of what it was pre-pandemic.

“I will wait if the train is running late or if its raining. I would rather sit on the train and not have to fill up my gas tank,” Pearson said.

Many trains and buses use gas, too. But public transportation prices have not been impacted at this point — because most public transit services have locked in contracts that will alleviate price increases for now.

That’s good news for riders hoping to escape the pain at the pump.

The nationwide mask mandate on mass transit is expected to be eased next month, according to reports. As this may deter some from using the service, it is probable ridership will increase even more once the mandates expire.

And as spring-like weather approaches in many areas of the country, those opting and able to lace up their walking shoes can’t be overlooked as they simply leave their car keys at home.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

62°F Sunny Feels like 62°
Wind
0 mph WSW
Humidity
32%
Sunrise
Sunset

Tonight

A few passing clouds. Low 47F. Winds light and variable.
47°F A few passing clouds. Low 47F. Winds light and variable.
Wind
2 mph NNE
Precip
10%
Sunset
Moon Phase
Waning Gibbous