Skip to main content

Drove 3 Trillion Miles 2010

Drove 3 Trillion Miles 2010 - Americans logged more miles in their cars last year than in any year since 2007, bouncing back from a steep decline in driving spurred by the recession and the 2008 run-up in gasoline prices.

Americans drove three trillion miles in 2010, the third-highest total on record and an increase of 0.7% from the previous year, the U.S. Transportation Department reported Wednesday. The data marked the second straight year of increased driving and confirmed a reversal from 2008, when gasoline peaked above $4 a gallon and driving plunged 3.6% after two decades of increases.

The extra time behind the wheel was a further sign of a recovering economy. But the data also underscored the nation's continued reliance on oil, a growing concern as turmoil in the Middle East threatens to further drive up gasoline prices and slow, or even reverse, the economic recovery.

U.S. Energy Secretary Steven Chu, speaking at a U.S. Senate Budget Committee hearing, said he wasn't ruling out the use of emergency fuel supplies to combat higher oil prices, saying rising fuel prices could damage the country's fragile economy.

Mr. Chu had said previously that he didn't want to tap into the nation's emergency fuel supplies, known as the Strategic Petroleum Reserve, to reduce oil prices. On Wednesday, however, Mr. Chu declined to rule out any action.

"You re-evaluate that position if the price continues to rise because we have a very fragile economy," he said.

Drove 3 Trillion Miles 2010

Comments

Popular posts from this blog

Contactless Debit Cards

Contactless Debit Cards - Contactless debit cards will make their formal debut in Canada next year with the launch of Interac Flash from Acxsys Corp.’s Interac Association, Canada’s national debit network. Interac’s first two Flash issuers are Scotiabank and RBC Royal Bank, which will roll out their first contactless cards next summer. The first acquirer is TD Merchant Services, a unit of Toronto-Dominion Bank. More issuers and acquirers are on the way, an Interac spokesperson tells Digital Transactions News, though no announcements have been made yet. Interac and the banks tested Flash this summer at some high-volume, small-ticket merchants in downtown Toronto. The spokesperson expects national merchants will be making formal announcements about acceptance. “There’s a lot of excitement in the merchant community,” she says. “Merchants are looking for that faster throughput.” In a statement, the Retail Council of Canada endorsed the new card. “Interac Flash is a welcome and needed

Farm dogs maul Irish Tourist

Farm dogs maul Irish Tourist - An Irish tourist who was mauled to death by two dogs while visiting an organic farm in Penang yesterday morning had more than 50 bite wounds and lacerations all over his body. Penang Hospital Forensic Department head Datuk Dr Bhupinder Singh, who performed the post-mortem on Maurice Sullivan (pix), 50, today, said he found the wounds on the victim's head, neck, hands and legs. "The victim had died as a result of severe haemorrhage due to multiple injuries from the dogs' bites," he said, adding that there were no signs that Sullivan suffered any ailment at the time of death. Farm dogs maul Irish Tourist Bhupinder also said both Sullivan's ears and the left side of his face were gnawed off in the incident. One of the ears was recovered from the scene. Bhupinder told reporters this after carrying out the post-mortem which began at 10am. Sullivan was attacked by two mongrels at the farm while taking photographs of the gr

The Craigslist Killer TV

The Craigslist Killer TV - Lifetime last night turned the Craigslist killer headlines into a much watched and even more talked about TV movie. The movie told from Ms Megan McAllister’s point of view is chilling, even if it didn’t have her consent. For those who don’t know the story, Philip Markoff a Boston University medical student and fiancé of Ms McAllister met Julissa Brisman on Craigslist and murdered her. Markoff met Brisman on Craigslist, arranged a meeting for a massage. Police at the Boston Marriott Copley Place hotel found Brisman, shot dead and a massage table set up in the room. Brisman, who was 25 at the time, was pursuing a modeling career. Four days earlier a Las Vegas prostitute reported being attacked and robbed by an armed man at a nearby hotel, a stripper at the Holiday Inn in Warwick, Rhode Island reported a similar incident, as well as two more in the area. The Craigslist Killer TV Megan Mcallister, loved and almost married Philip Markoff. The question of thi