Transportation Sector: Motor Gasoline

 

Comparison of Individual Differences With Total Effect

 

Variable # 1

Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

Sector and Source    Transportation:    Motor Gasoline 2/           

 

Year           TRLMG07.0820a  HPOP07.0819a   HYD07.0813a    Sum of Diffs   Total Diff     Sum/Total     

 2010           .2271385       1.442228       .132349        1.801716       1.933449       .9318663     

 2011           .41469         1.30279        .2639103       1.98139        2.17433        .9112647     

 2012           .5705395       1.199709       .3703785       2.140627       2.380508       .899231      

 2013           .70714         1.125681       .4605503       2.293371       2.564831       .8941608     

 2014           .8169098       1.0637         .5226593       2.403269       2.721291       .8831357     

 2015           .9073296       1.01783        .5741882       2.499348       2.855169       .8753763      

 2016           1.0033         .9834709       .6159515       2.602722       2.994051       .8692979     

 2017           1.081051       .9580116       .6491814       2.688244       3.113331       .8634623     

 2018           1.164928       .9402485       .6772194       2.782396       3.238729       .8591012     

 2019           1.251881       .928709        .7037201       2.88431        3.365049       .8571374     

 2020           1.3323         .9210987       .7254791       2.978878       3.485609       .8546219     

 2021           1.417791       .9186802       .7460499       3.082521       3.610741       .8537089     

 2022           1.508541       .9200706       .765461        3.194073       3.739191       .8542149     

 2023           1.606319       .9226303       .7826004       3.31155        3.87693        .8541681     

 2024           1.68791        .9291496       .79986         3.41692        3.99556        .8551793     

 2025           1.781889       .9362907       .8151302       3.53331        4.12619        .8563129     

 2026           1.86688        .94277         .8274002       3.637051       4.248791       .8560202     

 2027           1.95509        .9480801       .8374596       3.740629       4.374229       .8551516     

 2028           2.042551       .9550304       .8477497       3.845331       4.497421       .855008      

 2029           2.13899        .9644604       .8600101       3.963461       4.631271       .8558041     

 2030           2.228851       .973671        .8705006       4.073023       4.756611       .8562868     

 

 

Endogenous Variable:

Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

  Sector and Source    Transportation:    Motor Gasoline 2/           

 

Exogenous Variables:

# 1) Table #3 Energy Prices by Sector and Source (2005 dollars per million Btu, unless otherwise noted)

    Sector and Source    Transportation:    Motor Gasoline 5/           

 

# 2) Table #18 Macroeconomic Indicators (billion 2000 chain-weighted dollars, unless otherwise noted)

       Population and Employment (milli:   Population, aged 16 and over 

 

# 3) Table #18 Macroeconomic Indicators (billion 2000 chain-weighted dollars, unless otherwise noted)

       Key Indicators for Energy Demand:   Real Disposable Personal Income

 

# 4) Lagged Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

    Sector and Source    Transportation:    Motor Gasoline 2/           

 

Exogenous

Variable              Mean                  Coefficient           Elasticity            t-statistic          

Variable# 1            16.76699             -.123865              -.116274              -12.744683           

Variable# 2            249.5311              .040015               .55902                15.227582           

Variable# 3            10303.2               .000338               .19497                10.458191           

Variable# 4            17.65437              .216496               .213984               4.03681              

Constant                                     2.648876            

 

Endogenous            Mean                  SER                   R-sq                  LR-Multiplier        

Variable               17.8616               .273755               .948529               1.27631767036288 

 

 

                                                                                   Motor Gasoline Scenarios

File

Price +/- 25%

Population +/- 10%

Real Disposable Income +/- 10%

Base

B

B

B

TRHMG07

H

B

B

HPOP07

B

H

B

HYD07

B

B

H

TRHMGAL07

H

H

H

TRLMG07

L

B

B

LPOP07

B

L

B

LYD07

B

B

L

TRLMGAL07

L

L

L

TRMG107

H

L

B

TRMG207

L

L

B

TRMG307

L

H

B

TRMG407

H

H

B

TRMG507

H

B

L

TRMG607

L

B

L

TRMG707

L

B

H

TRMG807

H

B

H

TRMG907

B

H

L

TRMG1007

B

L

L

TRMG1107

B

L

H

TRMG1207

B

H

H

“H” = high variation, “L” = low variation, “B” = AEO2007 Base Case