Limited fuel availability is a critical factor in the marketability of new fuels. A survey of U.S. households is used to estimate the value of fuel availability and its influence on choice of fuel for a fuel-flexible vehicle and the choice of a dedicated-fuel engine for a vehicle. The marginal value of availability decreases as the percent of stations offering a new fuel increases. For fuel-flexible vehicles the cost of lack of availability decreases from U.S. $0.35/gallon at 1 percent to U.S. $0.02/gallon when 50 percent of stations offer the fuel.


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    Title :

    Survey Evidence on the Importance of Fuel Availability to Choice of Alternative Fuels and Vehicles


    Contributors:

    Publication date :

    1997


    Size :

    41 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English