Household Gasoline Demand in the United States by

@inproceedings{Schmalensee2007HouseholdGD,
  title={Household Gasoline Demand in the United States by},
  author={Richard L. Schmalensee and Thomas M. Stoker},
  year={2007}
}
IN 1991, THE AVERAGE U.S. HOUSEHOLD spent $1,161 for motor vehicle fuel, and household vehicles accounted for 31 percent of U.S. petroleum consumption and 13 percent of total U.S. energy consumption (EIA (1993)). Between 1966 and 1991, fuel consumption by cars and light trucks increased by 60 percent, despite a 44 percent increase in average fuel economy (Porter and Rao (1993)).2 That is, vehicle miles traveled increased by 131 percent over this period, even though total population rose by only… CONTINUE READING

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