Jan
24

SAFE Releases New Transportation Report: Congestion in America

 

Today, Securing America’s Future Energy (SAFE) released a new report, Congestion in America: A Growing Challenge to U.S. Energy Security. The report emphasizes the crucial interaction between transportation policy and the challenges to energy security posed by U.S. oil consumption. Participating in the release were Energy Security Leadership Council (ESLC) Co-Chair Frederick W. Smith, Chairman, President, and CEO of FedEx Corporation, and ESLC member, U.S. Air Force General John W. Handy (Ret.), former Commander, U.S. Transportation Command. Both men referenced the importance of improving U.S. transportation policymaking to alleviate the worsening congestion that contributes to excess oil consumption and threatens economic and national security.

Congestion in America highlights inefficiency in the surface transportation system, and particularly the challenge of urban congestion, as a growing cause of wasted time and fuel. Total fuel wasted from urban congestion has fallen between 100,000 and 150,000 barrels of oil per day over the past ten years, and in 2010 alone drivers in U.S. metropolitan areas wasted over 1.9 billion gallons of fuel. Furthermore, in 20 of the nation’s largest cities, annual costs of congestion exceed $1 billion. In the absence of substantial policy intervention, estimates suggest that these costs in fuel waste and travel delays will increase by 30 percent by 2015 and 65 percent by 2030.

Source: Texas Transportation Institute

Source: Texas Transportation Institute

 

SAFE urges a comprehensive and balanced approach to increasing traveler mobility and reducing congestion related fuel waste. The report outlines the range of options available to policymakers to alleviate the costs of congestion, grouped into the following categories:

  • Pricing and other flow management techniques to reduce or eliminate recurring congestion
  • Accident/Incident management for mitigating the likelihood and effect of non-recurring congestion
  • Improved public transit service and other alternatives to single-occupancy vehicle travel
  • Strengthened long-term urban planning and development initiatives

Current federal surface transportation legislation, funding over $50 billion annually in highway and transit programs, expires on March 31 of this year. The policies outlined in Congestion in America present market-based mechanisms to cut oil consumption and increase the efficiency of surface transportation infrastructure while improving energy security. As Congress seeks to pass long-term transportation legislation, it is imperative that these instruments are incorporated, and energy security remains forefront as a key policy priority.

 

 

 

 

 

 

 

 

Click Here to Read the Full Report

 

 

 

 

 


Jan
23

How and how not to intervene in energy markets

 

Two articles in the Sunday NYT bookended the concept of intervening in energy markets to advance public policy goals or correct market failures.  One, entitled "Lobbyist Helps a Project He Financed in Congress," will be more Solyndra-type fodder for opponents of federal incentives for clean energy deployment.  The other, "As Heating Oil Soars, Users Can Only Shiver And Cross Their Fingers," ...

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December 8, 2011
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Jan
19

Keying on Keystone

 

It isn't often that we get to cheer a lead editorial in the WaPo, but today is such a day, as yesterday President Obama did the completely expected and denied the permit -- after the State Department's EIS had found the project should go forward but Republicans in Congress tried to force his hand by giving him a tight deadline ...

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Jan
18

All-In on Energy?

 

The President’s Council on Jobs and Competitiveness recently released their report addressing comprehensive strategy recommendations to improve the job market. The report is comprised of a three pronged strategy, “Invest in the Future,” “Build on our Strengths” and “Play to Win.” Energy is included in the “Play to our Strengths” initiative, with the strategy defined simply as all-in. Not all-in ...

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Jan
13

Trade deficit widens beyond expectations on oil imports

 

As our oil supply continues to be threatened over Iran’s war games in the Strait of Hormuz (read SAFE’s Intelligence Report here). This week, much of the news coverage has focused on European Union deliberations over sanctions, and implications for U.S. trading partners such as China, India, and Japan, which import Iranian oil. However, it’s also important to consider the ...

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