Full Title: Retained Transportation Fuel Spending in the Southeast
Author(s): Heather Pohnan, Stan Cross, and Maggie Shober
Publisher(s): Southern Alliance for Clean Energy (SACE)
Publication Date: February 20, 2023
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Dependence on gasoline and diesel for vehicle travel has created a transfer of wealth from Southeastern states to other parts of the country and even the world. A portion of what drivers pay at the pump leaves to pay for parts of the fuel supply chain outside of the state where the fuel is sold. The portion that remains in a given state is referred to here as “retained transportation fuel spending.” The purpose of this paper is to compare how much money is currently retained in the Southeast with how much money will be retained when electric vehicles (EVs) replace internal combustion engine (ICE) vehicles. This paper examines how much current transportation fuel spending remains in a given Southeast state and how much goes elsewhere to benefit other states or regions.