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Monday
Mar122012

Rising Gas Prices Turn More Towards Mass Transit

Kevork Djansezian/Getty Images(NEW YORK) -- The soaring price of gas is making some people angry while others are taking action to cut costs.

The American Public Transportation Association says more people are using buses and trains to get to work.  Ridership rose 2.31 percent last year to the highest level since 2008, when gas prices soared to an average of around $4.10 a gallon.

One survey says today’s average for regular gas is $3.81 -- and the trend is likely to be confirmed when the official gas price is released later on Monday by the U.S. Energy Department.

Some analysts say the recent rise is likely to peak soon. 

Copyright 2012 ABC News Radio







ABC News Radio