USA Today: A spike in gasoline prices is fueling what could be the biggest year for U.S. bicycle sales since the Arab oil embargoes more than 30 years ago.
“It should be close to 20 million units. If you look back historically, the three best years for bike sales were 1972, 1973, and 1974,” Tim Blumenthal, executive director of Bikes Belong, a national coalition of bicycle suppliers and retailers said.
Last year’s U.S. bicycle sales were just under 19 million.
