The explanation that we have gotten from Sun Metro as to why ridership is down is that with gasoline prices falling more people are opting to use their cars instead of our buses.
Some economists tell us that gasoline prices have fallen because of the newer oil production facilities in the United States. Other oil producing countries have evidently responded by increasing their production thus making the newer U.S. techniques less economically viable.
The oil industry in the United States is cutting back because of the economic pressure yet oil and gasoline prices continue to head lower. At some point we might see the other nations cut back on their production thus driving prices higher.
Our oil is not going anywhere. When and if the other nations cut back and prices rise it will once again be economically viable for our newer techniques to be brought online, thus increasing supply and lowering prices.
In short gasoline prices should remain low for years unless we have government intervention.
Why then are we continuing to spend money expanding a bus system that is suffering from decreasing ridership?
We deserve better
Brutus
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