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Motor Gasoline Consumption 2008
A Historical Perspective and Short-Term Projections |
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Highlights
- Income growth rates have less of an impact on recent trends in gasoline consumption than in the past, but short-run effects are still significant.
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High gasoline prices are once again motivating drivers to conserve by driving less and purchasing more fuel-efficient transportation.
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The increasing share of lower-Btu-content ethanol has contributed to a growing divergence between volume-based and energy-content-based measures of trends in gasoline consumption.
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Consumer sensitivity to gasoline price changes increases during periods when retail prices exceed $2.50 per gallon.
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High gasoline prices and a slowing economy, which have reduced gasoline demand in recent months, are also projected to impact demand during the 2008 summer driving season.
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Contact:: Michael Morris (Michael.Morris@eia.doe.gov)
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Full Report (14 pages) |
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Figures:
º Figure 1. Annual Average Gasoline Consumption Growth, 1951-2007
º Figure 2. Annual Average Highway Travel Growth, 1951-2007
º Figure 3. U.S. Total and Driving Age Population (Millions) and Average Growth Rates, 1951-2007
º Figure 4. Age Distribution of Population and Per Capita Highway Travel
º Figure 5. Average Commuting distances, 1969-2001
º Figure 6. Annual Average Growth in Vehicles per 1000 People in the United States, 1947-2006
º Figure 7. Light Truck Market Share and Fuel Efficiencies, 1975-2006
º Figure 8. Motor Gasoline Price Indices, 1946-2007 (1982-84 = 100)
º Figure 9. Mid-Grade and Premium Shares of the Motor Gasoline Market, Jan. 2000-Dec. 2007
º Figure 10. Impact of Ethanol of Average Vehicle Fuel Efficiency, 1997-2009
º Figure 11. Highway Travel/Real Disposable Income Ratio
º Figure 12. Motor Gasoline Cost as a Percent of Disposable Income, 1950-2007
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