The Acceptable Alternative Vehicle Fuel Price

Historically, petroleum fuels have been the dominant fuel used for land transport. However, the growing need for sustainable national economics has urged us to incorporate more economical and ecological alternative vehicle fuels. The advantages and disadvantages of them complicate the decision-making process and compel us to develop adequate mathematical methods. Alternative fuel (compressed natural gas, liquefied petroleum gas, and ethanol fuel mixtures), the standard prices and their ratios were investigated. A mathematical model to determine a critical ratio between alternative and conventional fuel prices had already been developed. The results of this were investigated. The results sho…