By
The Associated Press.
.
Published: Fri, July 11, 2008 - 12:32 pm
Last Updated: Fri, July 11, 2008 - 12:35 pm
WASHINGTON (AP) - Two researchers say today's high gas pricescould cut auto deaths by as much as a third as driving decreases.
The effect may be particularly dramatic among teenage drivers, who
are more price-sensitive than adults.
A study by professors Michael Morrisey of the University of
Alabama and David Grabowski of Harvard Medical School found that
for every 10 percent increase in gas prices there was a 2.3 percent
decline in auto deaths. For drivers aged 15 to 17 the decline was 6
percent and for ages 18 to 21 it was 3.2 percent.
The study looked at fatalities through 2006, before the latest
run up in gas prices. With gas now averaging over $4 a gallon,
Morrisey said he expects to see a drop of about 1,000 deaths a
month.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Gas Falls Below $3.00 A Gallon In Mobile
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Oh boy, I just know my automobile insurance rate is going to drop within the week, NOT.