FUEL PRICE AND FUEL DEMAND FOR TRANSPORT, SOME CONSIDERATIONS

The paper is concerned with the implications of a range of possible future fuel price increases on the pattern of ownership and use of cars. On the basis of a number of assumptions relating to income and car ownership, improvements in technology, mileage elasticity and, principally, a constant budget concept, tentative forecasts of the growth in fuel demand to 1990 are made. It is shown that, if the constant budget consept bolds true, even a dramatic growth in fuel price could be compensated by reductions in engine capacity such that the proportion of expenditure by car-owning households on motoring need not exceed its present level. Under this same assumption, the forecast growth in fuel demand is predicted to be much less than the forecast growth in car ownership. (a) (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:
  • White, M T
  • Audus, G D
• Publication Date: 1979-11

Language

• French

Media Info

• Features: Figures; References; Tables;
• Pagination: p. 533-536
• Serial:
  • Traffic Engineering & Control
  • Volume: 20
  • Issue Number: 11
  • Publisher: Hemming Group, Limited
  • ISSN: 0041-0683
  • Serial URL: http://www.tecmagazine.com/

Subject/Index Terms

• TRT Terms: Automobiles; Costs; Demand; Elasticity (Mechanics); Forecasting; Fuels; Improvements; Income; Motor vehicles; Motors; Ownership; Supply; Technology
• Uncontrolled Terms: Increase; Mileage; Supply and demand; Use
• ITRD Terms: 1243: Car; 224: Cost; 285: Demand (econ); 132: Forecast; 3850: Fuel; 256: Income; 1334: Motor; 3855: Technology; 9084: Use; 315: Vehicle ownership
• Subject Areas: Energy; Finance; Highways; Planning and Forecasting; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 00309072
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD, TRIS
• Created Date: Jul 22 1980 12:00AM