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Friday, July 22, 2011

10 Best U.S. Bike Cities of 2011 [The Street]

NEW YORK (TheStreet) -- You sometimes need to be a Tour de France cyclist to make it easier to get from here to there on a bicycle instead of in a car, but you don't need to climb the Pyrenees to realize it's cheaper on two wheels. 
With the average price for a gallon of gas in the U.S. soaring to nearly $4 in May and still at $3.68, or a 35% hike from what drivers paid at the same time last year, low-mileage alternatives are gaining traction and bolstering the ranks of bicycle owners. The National Bicycle Dealers Association says the U.S. adult cycle industry took in $6 billion in sales last year with 13.5 million adult bikes sold. That's a 15% increase from $5.6 billion in sales and 10.2 million bikes sold in 2009, but still down from the $6.1 billion and 14 million bikes in pre-recession 2005.

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