Grim news again for the US Economy regarding the Trade Deficit. Even though our imports to China grew at a record pace, our trade deficit still went up.
"The trade deficit shot up in March to the highest level in six months, driven by a big jump in imported oil. The politically sensitive deficit with China shrank as U.S. exports to that country hit an all-time high...It reflected a big 17.6 percent jump in oil imports, which climbed to $24.6 billion, the highest level in six months."
Any type of decrease in American Oil Consumption will help with this deficit. It's hard to believe, with the cost of gasoline, that we continue to consume so much oil. Cycling could play a role, but I believe Mass Transit and smaller, more fuel efficient cars are the key. A smaller fleet of cars would help cycling also, leaving more room for cyclists on the road.