According to the Energy Information Administration, gas consumption in the U.S. is projected to drop this year for the first time in 17 years ago. (Did it really drop 17 years ago?!) Read the same article I did in the New York Times. This is apparently the consequence (finally) of high gas prices and a slowing economy. I wonder how the bicycle makers are doing. Interesting question: in a slowing economy with rising fuel prices, do people buy new bikes or dust off old ones and ride every once in a while instead of driving?
One piece of anecdotal evidence, which doth not a trend make: today when Ian and I biked our 1.5 km to Sun Harvest for groceries, the bike rack was full and there were at least two other bikes self-locked against the wall. I have never yet seen that at this store, which I ride to with some frequency, but the weather has been nice and it could just be coincidence.
So I bought a bike from Amazon
1 week ago