Impact of Gasoline Prices on the Demand for Minerals for the Manufacture of Automobiles.
Proc Ann Meeting Council of Econ AIME Dallas Tex 1974 Feb; :61-74
The increase in world crude oil prices and the shortage of petroleum in the United States have caused increases in the price of gasoline. These prices are likely to continue to rise in the future. The motoring public might be expected to react to such higher gasoline prices by curtailing driving, using public transportation more intensively, or buying smaller automobiles. Whichever the reaction, there will be impacts on the mineral industries. This paper looks at the potential impact resulting from a change to smaller size automobiles and a reduction in mileage.
Proc. Ann. Meeting, Council of Econ. AIME, Dallas, Texas, Feb. 23-28, 1974, PP. 61-74