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	<title>Sightline InstituteGas Prices: Them&#039;s The Brakes - Sightline Institute</title>
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		<title>Gas Prices: Them&#039;s The Brakes</title>
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		<pubDate>Thu, 26 May 2011 22:00:00 +0000</pubDate>
		<description><![CDATA[When gas prices rise, people drive less. | Via Todd Litman of the  Victoria Transport Policy Institute, two interesting studies on how drivers have reacted to the rising cost of taking to the roads. First up,  a study (pdf link) that used 2.1 million odometer readings in California to explore the relationship between fuel prices and driving.   From the abstract: The primary empirical result is a medium-term estimate of the utilization elasticity of driving&#8212;the elasticity of vehicle-miles-traveled...]]></description>
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