Good news: CNN.com reports that the demand curve for miles driven slopes downward.
Americans drove 1.4 billion fewer highway miles in April than they did in April 2007, the Department of Transportation said Wednesday.
That marks the sixth consecutive monthly drop and coincides with record gas prices and an increase in transit ridership, Transportation Secretary Mary Peters said.
Bad News: Not a single ounce of credit for the Env-Econ grassroots Drive Less! campaign.
In addition to driving less, Americans are buying smaller vehicles. Peters said sales of midsize SUV dropped 38 percent last month compared with May of last year as Americans increasingly choose to drive cars, the department said.
Where's the love CNN?
