Car use (as measured by Vehicle Miles Traveled) is more elastic than you may think. There were pronounced dips during the oil price spikes of 1974, 1979, and 20

Car use (as measured by Vehicle Miles Traveled) is more elastic than you may think. There were pronounced dips during the oil price spikes of 1974, 1979, and 2008, showing that the price at the pump has a direct effect on how much people drive.[0] Last year we obviously saw an even more significant decline as many people stayed home during the pandemic.[1] There's also more positive, lasting ways of reducing VMT like improving alternatives, introducing congestion charges, or replacing gas taxes with cost per mile fees.[2] [0]https://afdc.energy.gov/data/10315 https://afdc.energy.gov/data/10315 [1]https://highways.dot.gov/newsroom/us-driving-last-year-was-lowest-two-decades-new-data-show https://highways.dot.gov/newsroom/us-driving-last-year-was-l... [2]https://www.urbanismnext.org/what-to-do/congestion-vmt-reduction-mode-choice https://www.urbanismnext.org/what-to-do/congestion-vmt-reduc...