Similar to what we are seeing across the country, the LA Daily News reports that ridership of their Metro light rail lines are up 13% from a year ago. As riders mingle with their coworkers and start bragging about how much money they are saving riding transit rather than driving their car, this could start to spread.
On the bad side, we have this news:
“Since President Bush signed the economic stimulus rebates into law this winter, average families have spent their entire stimulus checks to fill their gas tanks, according to the California Public Interest Research Group. Typical U.S. households have spent more than $1,500 on gasoline since Bush approved the rebates…”.
Very convenient for Bush and his oil friends. All the government rebates are slowly (er, quickly) filtering their way back to the oil community.