U.S. Teenagers Are Driving Much Less: 4 Theories About Why
EIA sees slower growth in U.S. miles traveled as more teens shun licenses.
Growth in "vehicle-miles traveled" (VMT)—that key gauge of America's love affair with the automobile that once reliably ratcheted up year after year—will slow dramatically, the U.S. Energy Information Administration (EIA) says in its new Annual Energy Outlook. The EIA slashed its projected annual VMT growth rate to 0.9 percent, a drop of 25 percent compared to its forecast only a year ago.
The change is partly due to slower population growth, but also because of a generational shift confirmed by at least four studies in the past year. In the United States, young people are not only driving less than teens did a generation ago, they aren't even getting licenses.
Put that demographic trend together with the dramatic increase in fuel