THE EFFECT OF INCREASED FUEL PRICES ON CAR TRAVEL

The article draws on information on the generalised cost of car usage, on the elasticity of demand for travel and on the relationship between speed and traffic volumes to estimate the effects of a postulated range of higher petrol prices on the levels of car traffic in urban areas. Contrasting likely future car traffic with what may have been expected under mid-1973 conditions, the article suggests that even where it is most sensitive to cost change, higher petrol prices alone seem unlikely to bring about any major reduction in private vehicle traffic until they approach found1 a gallon at January 1974 prices. /Author/TRRL/

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00410683
• Corporate Authors:

  Printerhall Limited

  29 Newmart Street
  London W1P 3PE,   England 
• Authors:
  • Hooper, P O
  • Mullen, P
• Publication Date: 1974-8-9

Language

• English

Media Info

• Features: References; Tables;
• Pagination: p. 728-731
• Serial:
  • Traffic Engineering & Control
  • Volume: 15
  • Issue Number: 16/1
  • Publisher: Hemming Group, Limited
  • ISSN: 0041-0683
  • Serial URL: http://www.tecmagazine.com/

Subject/Index Terms

• TRT Terms: Automobile travel; Automobiles; Costs; Energy; Fuels; Highway traffic; Operating costs; Prices; Traffic speed; Traffic volume; Travel; Travel demand; Urban areas
• Uncontrolled Terms: Use
• Old TRIS Terms: Vehicular traffic
• ITRD Terms: 224: Cost; 3850: Fuel; 698: Journey; 221: Operating costs; 313: Urban area; 9084: Use
• Subject Areas: Economics; Energy; Finance; Highways; Safety and Human Factors; Society; Vehicles and Equipment; I96: Vehicle Operating Costs;

Filing Info

• Accession Number: 00096529
• Record Type: Publication
• Source Agency: Transport and Road Research Laboratory (TRRL)
• Files: ITRD, TRIS
• Created Date: Jul 2 1975 12:00AM