An interesting article from the Washington Post finds that taking Metro -- DC's light rail system -- into downtown may not save suburban commuters all that much money. Even with gas at $3 per gallon, the savings on fuel, plus wear and tear on vehicles, are offset by increased spending on transit fares. Commuters really only start to save if they use transit often enough to ditch one of their cars; otherwise, it's a bit of a wash.
It's a useful piece of analysis, as far as it goes. But the most important part is what's left out: