Soaring Gasoline Prices Inflict Pain on Cabbies, Drivers, City Budget

The New York Sun reports on the gas situation in NYC.They include these interesting facts:

the director of the Independent Budget Office, Ronnie Lowenstein, said the Big Apple is in better shape than almost all other municipalities as it experiences the economic impact of skyrocketing gas prices. In part, that is because according to the 2000 Census, 54% of households in the city do not own or lease a car.

That makes New York like some early twentieth century European city.