This research project poses the question on if or at what price point per gallon of gasoline will Americans resort to alternative means of transportation?
What is the price point at which Americans will consider public transportation as a viable transportation method to and from their employment?
What is the price point at which Americans will consider alternative fuels and alternative fuel vehicles as a viable option to meet their transportation needs?
What is the character of the United States’ dependence on foreign oil and can this reliance be rectified through some alternative means?
What alternative fuels are most Americans aware of?
What alternative transportation methods are Americans most willing to use?
Is there an economic rationale in the use of alternative fuels in that if American consumers are able to realize a substantial economic savings, will alternative fuels become more widely adopted?
Approximately 60% of US’ petroleum is sourced from foreign oil reserves
Rising costs, environmental factors such as global warming, and improved technology is making alternative transportation & fuels more attractive
Alternative fuels such as biofuels like ethanol are extremely practical
Automobiles are produced in such a great variety that consumers purchase cars based on style, fashion, and other factors unrelated to actual practicality
US automobile manufacturers are not efficient and are in great financial difficulty
There is an economic rationale for biofuels
The working hypothesis of this study states that there is a price point per gallon of gasoline that will cause Americans to turn en masse towards a higher rate of acceptance of alternative fuels as well as means of transportation.
This study employs a qualitative methodology with the research being grounded in the literature but also employs a quantitative research survey
65.3% of respondents were female
62% of respondents indicated that automobiles using alternative fuels are economically viable
76% of respondents revealed that they thought that alternative fuels were also environmentally friendly
51% of respondents indicated that public transportation is largely ineffective
62% of respondents revealed that $4 a gallon gasoline would cause them to shift to alternative fuel vehicles
27% revealed that $5 a gallon gasoline would cause them to consider selling their vehicles completely
Foreign petroleum dependency is not sustainable
Alternative fuels are the most viable and achievable options
Ethanol has an existing infrastructure established and can be readily integrated into existing vehicles
States and the National Government should implement widespread production of ethanol and supplement consumer adoption of ethanol based vehicles