How high does the price of gas have to go for you to start working from home, carpool, or take public transportation?
Gas prices in the San Francisco Bay Area have jumped above $4 per gallon. The AAA Daily Fuel Gauge Report shows national average prices around the $3.70 level. I take public transportation from time to time. When gas prices first hit the $4 mark back in mid 2008, I saw a dramatic jump in public transportation ridership. I remember passengers packed like sardines on buses and light rail trains during the commute hours, scenes that you would normally see on the streets of Beijing or Tokyo.
Is history simply repeating itself with $4 gas in 2008 and $4 gas today?