Saturday, August 18, 2007

Recent trends in VMT and gasoline consumption

Summary

Analysis of travel data compiled the Federal Highway Administration (FHWA) indicates that national aggregate vehicle miles traveled (VMT) for auto-type vehicles grew at an annual rate of 2.57% in the interval 1990-99. This high rate seems unlikely, considering that U.S. population has recently been growing at just 1.1% per year (U.S. census data). Furthermore, the reported VMT data series is exceedingly "smooth," indicating generation by a model rather than determination from direct measurement of actual traffic volume. According to the FHWA, the rate of growth in VMT since 2000 has decreased to 1.67% per year, with very little growth since 2004.

A check on VMT data reported by the FHWA is fuel consumption data from other sources. In particular, gasoline consumption should closely track automobile VMT, since gasoline is specifically tailored to powering automobiles and has almost no other use. The Energy Information Administration (EIA) reports production/consumption of all principal petroleum products, including gasoline. According to the EIA, gasoline consumption was growing at an annual rate of 1.88% in the period 1990-99, significantly lower than the VMT rate of growth reported by the FHWA. The difference in growth rates is apparent in miles per gallon (mpg), computed by division of VMT by gasoline consumption. According to this calculation, fleet fuel efficiency (for auto-type vehicles) grew from 17.9 mpg in 1990 to 19.4 in 2000 -- an 8% increase reflecting the difference in the growth rates of VMT and gasoline consumption. Such a rapid increase in fleet mpg is NOT supported by direct measurement of fleet fuel economy.

My motivation for looking at the gasoline and VMT data was an interest in whether gasoline consumption is a good proxy for auto VMT.

My principal questions are:
  1. To what extent is gasoline consumption a good proxy for auto VMT?
  2. To what extent has higher gasoline prices affected consumption and VMT?


Automobile VMT

Analysis of travel data compiled the Federal Highway Administration (FHWA) indicates that national aggregate vehicle miles traveled (VMT) grew at an annual rate of 2.61% in the interval 1990-99, while auto VMT (excluding heavy trucks and buses, but including SUVs and light trucks) grew at a slightly lower rate of 2.57%. Since the beginning of 2000 the growth of auto VMT has dropped significantly, to an annual rate of 1.67% (2000-06). The high rate (particularly prior to 2000) is suspicious, since U.S. population has been growing at a rate of only 1.1% in recent years (U.S. census data). Furthermore, the reported VMT data series is exceedingly "smooth", with very little scatter from a secular growth combined with a very repeatable annual variation. It appears that the VMT data are heavily modelled, with only occasional corrections using a relatively small number of spot traffic counts.

Figure 1. Auto VMT (miles/day, monthly averages), adjusted for truck and bus travel, plotted on a logarithmic scale. 1990-99 data and trend are given by burgundy points and line; 2000-07 data by blue points and line; truck and bus travel by black line, multiplied by a factor of 10.

Figue 2. Residuals of VMT data shown in Fig. 1, from a staight line fit to ln(VMT) in the interval 1990-99. Fit data are given by burgundy points; 2000-07 data by blue points. Upper black line indicates summer trend (local average of June, July and Aug. data), while lower black line indicates winter trend (local average of Dec., Jan. and Feb. data).

Gasoline consumption

the Energy Information Administration (EIA) is an independent source of ostensiably the same data. What is puzzling is that the two data sets are not consistent, with EIA gasoline data consistently lower than FHWA data by about 3% in the decade 1990-99.
The FHWA reports gasoline production and consumption (mainly to monitor motor fuel taxes), but
(gasoline related products, such as gasohol, are combined in the report).

Fig. 3.
Fig. 4.
Fig. 5.

Tuesday, July 31, 2007

Recent trend in aggregate VMT

Based on FHWA (Federal Highway Administration) data, U.S. aggregate VTM (vehicle miles traveled) was increasing at a steady 2.6% per year from 1988 to mid-2000. Since mid-2000, however, there has been a noticable slowdown in the increase, and for the last two years, almost no increase at all, as can be seen in the following figure:
Note that VMT is plotted on a log scale, and has been adjusted for the average seasonal variation in the years 1988-2005 (see earlier post in my blog). A plot of the residuals from a linear regression is prehaps more impressive:
For the first five months of 2007, aggregate VMT is down nearly 10% from the trend established pre-2000. Furthermore, summer travel last year was down significantly compared to winter travel (at least 3%).

What is the reason for this decrease in travel? The most obvious reason is the steadily increasing price of gasoline, and this expanation is supported by the recent decrease in summer (discretionary) travel. But this may not be all of the story. Vehicular travel in the U.S. has reached an incredible 8 billion miles per day -- about 33 miles per day per adult, and perhaps 40 miles per day per active driver. It's difficult to see how these averages can increase much further, so driving may simply have finally reached saturation.

Finally, there seems to be little public acknowledge of the downturn in VMT, and transportation planners are still projecting increases in travel based on the pre-2000 trends.

-- Jed

Tuesday, January 02, 2007

VMT and Gasoline trends

Two issues to be addressed:
  • How are VMT (and gasoline consumption) reacting to high petroleum prices?
  • Is gasoline consumption a good proxy for VMT?
The Federal Highway Administration publishes monthly estimates of vehicle miles travelled (VMT) for the U.S. and individual states, with about a three-month lag time. The most recent release is the September 2006 report. Including archived reports, the available time series covers the interval from January 1990 to latest release.

The two major variations in the VMT time series are
  1. A long-term secular increase,
  2. An annual variation with maximum in summer, minimum in winter, and an amplitude of nearly 20%.
The seasonal variation can be taken out by imposing a 12-month running average on the series. But perhaps a better alternative is to directly remove this variation. This the annual term can be estimated by superposing the data for each month (Jan.-Dec.) over the 16 complete years (1990-2005) in the series, and then subtracting the over-all average from each monthly average. Operationally, this is done by using the (natural) logarithm of the data, removing the secular term (giving an average growth rate), and then performing the superposition. The result gives the average deviations month-by-month for the seasonal variation in log VMT, which is labeled percent deviation in this graph:



Log VMT is then seasonally corrected using this curve, and converted back to VMT by applying exp: