Objects in Mirror

Objects in Mirror: March 7, 2008 Archive

Are we using less gasoline?

Posted at 7:59 AM on March 7, 2008 by Julia Schrenkler

National Public Radio's Frank Langfitt reports that Americans are using less gasoline. Are we finally fed up with the prices? Langfitt's article notes:

"The last time gas use fell — other than after Hurricane Katrina — was more than a decade ago. That it's falling again now suggests that high prices are finally influencing behavior. Since November, prices have averaged $3 a gallon or more. That's the longest they've ever stayed that high."

A couple theories surfaced in an online discussion on the Living a Sustainable Life group at Gather.com. From Gasoline use goes down:

"No one can afford to leave their home. I think that's 80% of it. Although I do notice more people on the bus, and the transit department has reported increased ridership." - Gretchen Lee Bourquin

"More people are walking short distances instead of driving" - Sunaura

What is your take on this trend? Join the online conversation or submit a commentary.

Chris Farrell wonders if we're talking ourselves into recession

Posted at 3:00 PM on March 7, 2008 by Julia Schrenkler

If you didn't catch his blog post, Marketplace economics correspondent Chris Farrell muses the possibility we're talking ourselves into recession. One statement jumped out at me:

"Think about it. How many dinner table and workplace discussions have you had about the weakening economy, the foreclosed home, the credit-card induced bankruptcy, the corporate downsizing? During those conversations, how many upbeat tales have you offered up?"

Is this about the media or about ourselves? Is it possible we could talk ourselves into prosperity? Comment on Chris' blog to share your experiences and opinion on the topic.

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