During the run up in oil prices in summer 2008, the idea of peak oil began to gain broader traction. Peak oil — when aggregate oil extraction reaches its peak and begins a terminal decline — will spell the end of the oil-based economy and infrastructure. In response to this peak, increasing prices will necessitate […]
Riding Into a New Year
Through recent legislation and reworking funding formulas, President Obama has made a move to promote the investment and development of light rail, speed train and other mass transit initiatives. The legislation has come after long debates surrounding the practicality and cost-effectiveness of these forms of transportation.