Americans drive 11 billion fewer miles in March, U.S. says (by Rex Nutting)

WASHINGTON (MarketWatch) -- With gasoline and diesel prices soaring to record levels, American drivers are cutting back sharply on the miles they travel, the Department of Transportation reported Friday. Total vehicle miles driven fell in March by 4.3%, or 11 billion miles, compared with the year earlier. It was the largest year-over-year decline in miles driven since the government began keeping records in 1942. Americans drive more than 3 trillion miles each year.