Public transit group: Reports of declining gas prices may be premature

If gas prices remain high, they figure to play a big role in the nascent 2012 presidential campaign. Recent polling has suggested they have put a drag on President Obama’s approval numbers, though the public appears to blame oil companies even more than any politicians.
Obama has made building more railways a central piece of his agenda, and his administration distributed $2 billion to 15 states this week in funding. The plans have run into strong Republican opposition, however.
APTA reported Tuesday that the cities with the highest average savings from using public transit are New York and Boston, with $1,229 and $1,131 worth of savings per month and $14,750 and $13,567 per year, respectively.