U.S. Vehicle Miles vs. Real Gasoline Price

Yesterday the Department of Transportation reported that Americans drove 11 billion fewer miles in March ‘08 than in March ‘07. I presented a graph of the moving 12 month total miles driven here.The following graph compares the year-over-year change in the moving 12 month total vs. the real price of gasoline (s…
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  25 May, 2008| housingblogs | @ 3:31

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