Friday, June 12, 2009 - The Bureau of Transportation Statistics of the Research and Innovative Technology Administration has released “A Time Series Analysis of Transportation Energy Use Per Dollar of Gross Domestic Product” (GDP), a report about the decline in transportation energy use relative to GDP. The statistical analysis shows that transportation energy consumption has been declining relative to GDP since 2000 with a steeper decline beginning in the third quarter of 2007, when the cost of fuel rose dramatically. The report is the first in the BTS series titled Transportation Trends in Focus. The report can be found at http://www.bts.gov/publications/bts_transportation_trends_in_focus/2009_06_01/.
