But- they don't really know how much riding will increase if/when gasoline hits $6-$8 which it certainly will as China uses more ,and as the oil producers slowly test what we will pay.
I wonder what percentage of folks in European cities ride for transportation?
China shows that folks would rather drive than bike-IF THEY CAN AFFORD IT.When they couldn't afford fuel/vehicles they rode bikes rather than walk.
We might be heading in that direction-fuel up income down!