Change in Driving and Gasoline Price:
USA 2004-2005
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CHANGE FROM PREVIOUS YEAR |
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Month |
Change in Driving (Vehicle Miles) |
Price: Unleaded Gasoline |
Estimated Elasticity |
|
January |
-0.2% |
17.6% |
-0.013 |
|
February |
2.0% |
17.4% |
0.113 |
|
March |
0.1% |
21.8% |
0.004 |
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April |
-0.8% |
25.1% |
-0.030 |
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May |
1.6% |
11.2% |
0.139 |
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June |
1.8% |
11.0% |
0.162 |
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July |
-0.2% |
19.7% |
-0.008 |
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August |
0.3% |
31.2% |
0.010 |
|
September |
-1.3% |
56.4% |
-0.023 |
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October |
-1.7% |
38.1% |
-0.046 |
|
November |
0.7% |
14.7% |
0.046 |
|
December |
-0.3% |
19.1% |
-0.017 |
|
Annual (2004-2005) |
0.1% |
23.7% |
0.006 |
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Calculated from US Department of Energy and US Department of Transportation data. |
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To facilitate the ideal of government as the servant of the people
by identifying and implementing strategies to achieve public purposes
at a cost that is no higher than necessary.
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(c) 1994-2006 www.publicpurpose.com --- Wendell Cox Consultancy --- Permission granted to use with attribution.
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