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The core belief that animates most HSR deniers is that oil prices will always be cheap. As we saw in the 2000s, this is just not true – and when gas prices spiked in the summer of 2008, Californians realized they needed to invest in mass transit alternatives. They not only voted to approve $10 [...]
Anna Eshoo wants to hear the case for HSR on the Peninsula, and we’re going to make sure she hears it loud and clear. Starting today, with an examination of the great shift away from driving. As I’ve argued many times before, the debate over HSR is fueled in part by a generational divide. Older [...]
Between 2000 and 2008, the price of oil rose by 600%, from about $20 per barrel to nearly $140 per barrel. In 2008 the price increases spiked, but as the chart below indicates, the increase was underway well before the spike occurred: That increase had a number of important effects. When the price of a [...]
One of the most common things we’ve found around the world with high speed rail is that it is very, very successful at attracting riders to switch from flying between two points to the train. Despite deeply ignorant claims that because Southwest Airlines offers cheap flights, we don’t need HSR, the evidence indicates that HSR [...]
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