https://www.scipedia.com/wd/index.php?action=history&feed=atom&title=Itf_2008cItf 2008c - Revision history2026-04-23T13:55:10ZRevision history for this page on the wikiMediaWiki 1.27.0-wmf.10https://www.scipedia.com/wd/index.php?title=Itf_2008c&diff=210753&oldid=prevScipediacontent: Scipediacontent moved page Draft Content 310793115 to Itf 2008c2021-02-11T13:24:53Z<p>Scipediacontent moved page <a href="/public/Draft_Content_310793115" class="mw-redirect" title="Draft Content 310793115">Draft Content 310793115</a> to <a href="/public/Itf_2008c" title="Itf 2008c">Itf 2008c</a></p>
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</td></tr></table>Scipediacontenthttps://www.scipedia.com/wd/index.php?title=Itf_2008c&diff=210752&oldid=prevScipediacontent: Created page with " == Abstract == The transport sector’s demand for oil is less price sensitive than any other part of the economy. This is partly because demand for transport services is re..."2021-02-11T13:24:49Z<p>Created page with " == Abstract == The transport sector’s demand for oil is less price sensitive than any other part of the economy. This is partly because demand for transport services is re..."</p>
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== Abstract ==<br />
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The transport sector’s demand for oil is less price sensitive than any other part of the economy. This is partly because demand for transport services is relatively insensitive to price and partly because substitutes for oil in road transport are currently far from cost-effective. Evidence from the USA suggests that as incomes rise, transport sector oil demand becomes even less price sensitive. This implies that oil consumption is set to become increasingly concentrated in the transport sector. It also implies that relatively limited fluctuations in demand can have increasingly significant effects on oil prices.<br />
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== Original document ==<br />
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The different versions of the original document can be found in:<br />
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* [http://dx.doi.org/10.1787/235517712500 http://dx.doi.org/10.1787/235517712500]<br />
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* [https://www.oecd-ilibrary.org/transport/oil-dependence-is-transport-running-out-of-affordable-fuel_235517712500 https://www.oecd-ilibrary.org/transport/oil-dependence-is-transport-running-out-of-affordable-fuel_235517712500],<br />
: [https://ideas.repec.org/p/oec/itfaaa/2008-5-en.html https://ideas.repec.org/p/oec/itfaaa/2008-5-en.html],<br />
: [https://econpapers.repec.org/RePEc:oec:itfaaa:2008/5-en https://econpapers.repec.org/RePEc:oec:itfaaa:2008/5-en],<br />
: [https://academic.microsoft.com/#/detail/2527849297 https://academic.microsoft.com/#/detail/2527849297]</div>Scipediacontent