Transportation And Energy Consumption

Transportation and energy is  an application of standard physics where giving momentum to a mass is directly proportional to the amount of energy. The major source of energy for transportation is the petroleum. Energy sources that are used in several major ways are

·                  Gasoline is used in cars, motorcycles, light trucks, and boats. Aviation gasoline is used in many types        of airplanes.
·        .Diesel fuel (or distillate fuel) is used mainly by trucks, buses, and trains, and in boats and ships.
·         Kerosene is used in jet airplanes and some types of helicopters.
·         Residual fuel oil is used in ships.
·         Biofuels are added to gasoline and diesel fuel.
·         Natural gas is used as compressed natural gas and liquefied natural gas in cars, buses, and trucks.
·         Natural gas is also used to operate compressors to move natural gas in pipelines.
·         Propane (a hydrocarbon gas liquid) is used in cars, buses, and trucks. Public mass transit systems and  electric vehicles run due to electricity.

Transport and energy have a direct relationship but it subjects to different interpretations since it is concerned with different transportation modes each having their own utility and performance level. There is often a compromise between the consumption of speed and energy,related to the desired economic returns. Passengers and high value goods can be transported in short time  but energy intensive modes since the time component of their mobility tends to have a high value, which conveys the willingness to consume  more energy.The three energy issues which have a direct impact on  Transportation markets are :

• The price level and volatility of energy sources which are dependent on the processes used in their production.
• Technological and technical changes in the level of energy performance of transport modes and their terminals. An important goal is  to improve this energy performance since it is linked with direct economic benefits for both operators (lower operating costs) and users (lower rates).

Environmental externalities  that is related to the use of specific modes and energy sources and the goal to reduce them