Transportation Sector: Distillate

 

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:    Distillate Fuel Oil 10/     

 

Year           TRHDSP07.0814a LMFD07.0824a   Sum of Diffs   Total Diff     Sum/Total     

 2010          -.0088892      -.530704       -.5395932      -.5406771       .9979954     

 2011          -.0186443      -.5406971      -.5593414      -.5606904       .997594      

 2012          -.0276494      -.5496712      -.5773206      -.5802894       .9948838     

 2013          -.0389333      -.5589504      -.5978837      -.6005583       .9955465     

 2014          -.05094        -.565309       -.616249       -.6183872       .9965423     

 2015          -.0633922      -.5712962      -.6346884      -.6363649       .9973655     

 2016          -.0757418      -.5768847      -.6526265      -.6544809       .9971667     

 2017          -.088397       -.5781388      -.6665359      -.6691132       .9961482     

 2018          -.1016269      -.578939       -.680566       -.6841149       .9948125     

 2019          -.1160588      -.5818481      -.6979069      -.7021699       .9939288     

 2020          -.1314979      -.5859208      -.7174187      -.7221828       .9934031     

 2021          -.146647       -.5883379      -.7349849      -.741518        .9911895     

 2022          -.1634097      -.5917711      -.7551808      -.7628031       .9900075     

 2023          -.1815834      -.5954781      -.7770615      -.7849188       .9899897     

 2024          -.1989508      -.6076221      -.8065729      -.8163781       .9879894     

 2025          -.2198925      -.6246424      -.8445349      -.853651        .9893211     

 2026          -.2404146      -.64188        -.8822946      -.8914528       .9897267     

 2027          -.2598457      -.6575556      -.9174013      -.9286137       .9879256     

 2028          -.2812624      -.6739492      -.9552116      -.9674397       .9873603     

 2029          -.3043442      -.6858606      -.9902048      -1.002263       .987969      

 2030          -.3276634      -.697197       -1.02486       -1.037668       .9876571     

 

Endogenous Variable:

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

  Sector and Source    Transportation:    Distillate Fuel Oil 10/     

 

Exogenous Variables:

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

    Sector and Source    Transportation:    Distillate Fuel Oil 7/      

 

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

       Value of Shipments (billion 2000:     Manufacturing              

 

# 3) Secular Trend Variable

    Number of years with first data input year = 1

 

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

    Sector and Source    Transportation:    Distillate Fuel Oil 10/     

 

Exogenous

Variable              Mean                  Coefficient           Elasticity            t-statistic          

Variable# 1            15.47646             -.013073              -.028976              -10.76693            

Variable# 2            5017.071              .001109               .796854               46.384185           

Variable# 3            18.5                 -.014572              -.038609              -5.694912            

Variable# 4            6.854441             -.009163              -.008995              -.383211             

Constant                                     1.953154            

 

Endogenous            Mean                  SER                   R-sq                  LR-Multiplier        

Variable               6.982373              .02781                .997236               .990920198223676    

 

 

 

                                                                      Transportation Sector Distillate Demand Scenarios

File

Distillate Price +/- 25%

Manufacturing Output +/- 10%

Base

B

B

TRLDSP07

L

B

HMFD07

B

H

TRDS107

L

H

TRHDSP07

H

B

LMFD07

B

L

TRDS207

H

L

TRDS307

H

H

TRDS407

L

L

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