Public policies relating to the use of energy throughout the economy call for a substantial reduction in the total demand for petroleum. Certain policies are desirable from a broad economic standpoint and would at the same time aid in accomplishing a reduction in transportation usage of energy. Three important steps should be taken in the interest of simultaneously minimizing intermodal misallocation of traffic and increasing the efficiency of energy use. The existing rail and motor carrier rate structures should be systematically revised to reflect more closely the relative costs of shipment by the two modes of transportation. Fuel efficiency considerations will suggest certain changes in technology, operating practices, and regulatory policies; however, such changes must be weighed against their total social cost. Reducing the aggregate demand for transportation is the third step indicated to counter the increasing scarcity and rising prices of petroleum.

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  • Corporate Authors:

    University of Wisconsin Press

    Journals Department 129, Box 1379
    Madison, WI  United States  53701
  • Authors:
  • Publication Date: 1974-11

Media Info

  • Pagination: p. 387-396
  • Serial:
    • Land Economics
    • Volume: 50
    • Issue Number: 4
    • Publisher: University of Wisconsin Press
    • ISSN: 0023-7639

Subject/Index Terms

Filing Info

  • Accession Number: 00080888
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 26 1975 12:00AM