Showing posts with label gas prices. Show all posts
Showing posts with label gas prices. Show all posts

Sunday, October 21, 2018

Traffic Deaths Down So Far In 2018

There is good news on the highways lately, namely that preliminary data for the first half of 2018 show a 3.1% decrease in traffic deaths, and 2017 saw a 1.8% decrease as well following two straight years of significant increases.  This is true despite the fact that the economy is still improving and there is thus more driving going on now than a few years ago.

So what happened in 2017-2018?  Well, gas prices began rising again, after plummenting in 2014-2015 and reaching a low in the spring of 2016.  And we know that there is an inverse correlation between gas prices and traffic fatalities.  gas prices still remain well below their 2011-2014 average levels, even as some states raised their gas taxes.  So that only explains part of the picture.  And alcohol taxes, already historically low, have actually dropped since the Republican tax bill.  So what else could it be?

The general secular trend in traffic deaths per vehicle miles traveled has been downward for decades, so this recent decrease could simply be reversion to the mean following the 2015-2016 spike in fatalities, at least in part.  But the fact that so many states recently legalized cannabis from 2016-2018, and the proverbial dust has settled in the few states that had done so earlier, at the very least casts serious doubt that the previous spike in fatalities was caused by legalization, and supports the idea that legalization may have even reduced such deaths by displacing alcohol use and thus drunk driving as well.

Thus, as we have noted time and again, cannabis legalization was not a disaster after all, and seems to have been a net benefit to public health and safety overall.  Next step is to legalize it at the federal level and in all 50 states and all territories as well, and also to lower the age limit to 18 like Canada now has.

So what are we waiting for?

Sunday, August 12, 2018

Why Are Traffic Deaths on the Rise? (Part Deux)

After decades of a massive secular decline in traffic deaths, reaching an all-time record low in 2014 per VMT as well as per capita, such deaths have been creeping up again since then.  2015 and 2016 both saw national increases in fatalities, and while 2017 saw a slight decrease from 2016, the number of deaths still remains stubbornly higher than it was before the increase.  In fact, 2015-2016 is the largest two-year jump in deaths in half a century.  So why has progress stalled and begun to reverse in recent years?

The list of most likely factors includes the following:
  • Lower gas prices
  • An improving economy since the Great Recession
  • An increase in distracted driving (and walking), primarly from smartphones
  • Higher speed limits than in the past 
  • Infrastructure in disrepair from decades of gross neglect
  • Slacking on traffic safety improvements in general since the early 1990s
All of these things are true, and all of them are known to be correlated with traffic casualties.  Other factors are involved as well, to be sure, but these are the big ones.  The first three are the proximal causes, while the last three are the more distal ones.

Of course, drunk driving and not wearing seatbelts remain rather persistent contributors to the number of these deaths, but such behaviors remain far lower than they were decades ago.  Nevertheless, they remain at dangerous levels, and it is apparently a bit too early to feel safe in that regard.  And with real alcohol prices at record lows today and alcohol consumption on the rise for the past two decades, there is definitely a cause for concern in that regard.

What about drugged driving, then?  Is it really on the rise, like some have claimed?  Perhaps, but it may simply be that we are getting better at detecting it rather than an actual increase.  Or perhaps it is a bit of both.  The opioid epidemic certainly doesn't make the roads any safer, with such doped-up drivers nodding off behind the wheel.  And contrary to the anti-legalization folks, there does not seem to be any firm link between cannabis legalization and traffic fatalities.  In fact, some studies have found decreases in highway deaths following cannabis liberalization, due to an apparent substitution with alcohol (and perhaps opioids as well).  As for the specious claim of preliminary evidence linking the increase in pedestrian deaths in some legalization states in the first half of 2017 with legalization, that does not really pass the smell test because 1) not all legalization states even saw any increase during that time, 2) small numbers tend to fluctuate wildly, and 3) why would cannabis legalization only affect pedestrian deaths and not other traffic deaths during that time as well?

One thing is for sure.  Whether this spike in traffic casualties is a short-term blip or the start of a longer-term trend (which will only be known in hindsight), it should be a major wake-up call that we clearly cannot afford to be complacent about it any longer.  The USA has seriously lagged behind other industrialized countries for decades in terms of progress on traffic safety (all of which have lower drinking ages than we do, interestingly enough), and we need to catch up, yesterday.  That includes the safety of pedestrians and cyclists as well, who have borne the brunt of the recent increase in traffic deaths.  And even when vehicle miles (or kilometers) traveled are taken into account, the USA still has either higher fatality rates and/or has seen less progress since the 1980s compared with nearly all other industrialized (and even semi-industrialized) nations.

A short list of things we can do include:
  • Crack down on drunk driving, drug-impaired driving, reckless driving, and distracted driving--yesterday.
  • Stiffen the penalties for hit-and-run crashes--yesterday.
  • Reduce speed limits, especially on side streets, arterials, and smaller highways--yesterday.
  • Install speed cameras and red-light cameras in more places (but be sure to also lengthen the yellow lights and double-reds to prevent it from backfiring with more rear-enders).
  • Raise the gas tax by a penny per week until it is at least 50 cents/gal higher than now ("A Penny for Progress") and/or implement a carbon tax-and-dividend scheme.
  • Raise the alcohol taxes significantly as well (note how those taxes have been lagging behind inflation for decades in most states).
  • Design roads/streets to be more pedestrian-friendly and bike-friendly as well.
  • Invest more in public transportation, as well as "safe-rider" programs as well. 
  • Rebuild America's neglected and crumbling infrastructure, generating millions of new jobs in the process.
  • And last but not least, make the road test harder like it is in many other countries, and make driver's licenses easier to lose for serious and/or repeated traffic violations.
After all, if it saves even ONE life, it's worth it, right?  Thought so.  So what are we waiting for?

Friday, August 5, 2016

Gas Prices Down, Traffic Deaths Up in 2015

While cheaper gas is generally good for the economy and the average person's wallet, unfortunately it also seems to come at a fairly high cost:  more traffic fatalities.  The latest data suggest that was the case in 2015.  After stubbornly hovering between $3.50 and $4.00/gallon from 2011-2014, gas prices on average plummeted to around $2.00 from the second half of 2014 into 2015, and even dropped below $2.00 in early 2016--a seven-year low.  And traffic deaths apparently rose to a seven-year high in 2015, nearly 8% higher than the previous record-low reached in 2014.  Additionally, preliminary data for the first half of 2016 in several states also show that traffic deaths are likely to be the same or higher than they were in 2015.

None of this should really come as a surprise.   As we have noted in a previous post in 2010, it has been known for quite some time now that there is a significant inverse correlation between gas prices and traffic crashes, including fatal ones.  And the link is especially true for younger drivers.  Carefully controlled studies have found this to be true, suggesting a true causal relationship.  Contrary to popular opinion, the price elasticity of gasoline is not zero, or even close to zero, and it seems to rise dramatically when prices go above $3.00/gallon.  Longer-term elasticities are about twice as strong, suggesting the effect builds over time.

The effects on fatalities are not limited to reduced vehicle miles traveled; while that drops too, even controlling for this we can see a decrease in deaths with higher prices.   "Discretionary" driving declines the most when gas prices rise, and most fatalities occur from this type of driving.  Speeding and aggressive driving also decline in an effort to save fuel and money.  Thus, the price elasticity for gasoline demand actually understates the effect on fatalities.  And while non-alcohol related crashes may be more affected by changes in gas prices, alcohol-related ones would be affected as well.

By that logic, it seems that one of the best ways we can reduce traffic fatalities (both alcohol and non-alcohol) would be to raise the gas tax.  Of course, that would make a lot of people mad.  But if it saves even one life, it's worth it, right?  Isn't that what groups like MADD have said about things like the 21 drinking age?  Judging by the lack of enthusiasm about raising the gas tax, it appears that the pro-21 crowd doesn't practice what they preach.  Or maybe it's all about liberty for "just us," not all.

If we know higher gas prices save lives, not to mention the planet, what are we waiting for?

Sunday, March 28, 2010

High Gas Prices Save Lives

It's now official.  Traffic fatalities in 2009 were at their lowest since 1954, and in 2008 were at their lowest since 1961.  This was despite the fact that now the population is much larger, there are much more cars on the road, and much more vehicle miles traveled than back then.  Similar trends have been noted in preliminary data from Canada as well.  While many factors likely contributed to this lifesaving trend, perhaps the most salient one of all was gas prices, which had been rising steadily since 2004 and spiked dramatically in 2008.

Gas prices are now known to have a significant effect, and are thus now emerging as one of the most cost-effective ways to save lives on the road.  Carefully controlled studies have found this to be true, and the fatality rates of 2008 and 2009 confirm this.  While 2009 had lower gas prices than 2008, the driving habits learned in 2008 had yet to be unlearned, and this was likely prolonged by the recession.  Similar effects of gas prices (and recessions) occurred in 1974-1975, 1980-1983, and 1990-1993.  Contrary to popular opinion, the price elasticity of gasoline is not zero, or even close to zero, and it seems to rise dramatically when prices go above $3.00/gallon.  Longer-term elasticites are about twice as strong, suggesting the effect builds over time.

The effects on fatalities are not limited to reduced vehicle miles traveled; while that drops too, even controlling for this we can see a decrease in deaths.  "Discretionary" driving declines the most when gas prices rise, and most fatalities occur from this type of driving, including the majority of alcohol-related fatalities.  Speeding and aggressive driving also decline in an effort to save fuel and money.  Thus, the price elasticity for gasoline demand actually understates the effect on fatalities.

By that logic, it seems that one of the best ways we can reduce traffic fatalities (both alcohol and non-alcohol) would be to raise the gas tax.  Of course, that would make a lot of people mad.  But if it saves even one life, it's worth it, right?  Isn't that what groups like MADD have said about things like the 21 drinking age?  Judging by the lack of enthusiasm about raising the gas tax, it appears that the pro-21 crowd doesn't practice what they preach.  Or maybe it's all about liberty for "just us," not all.

If we know higher gas prices save lives, not to mention the planet, what are we waiting for?