DocumentCode
2967584
Title
Analysis of China´s Oil Self- Sufficiency
Author
Zhang Chuanping ; Zhao Ruirui ; Yan Xueping ; Yue Lin
Author_Institution
Econ. & Manage. Sch., China Univ. of Pet., Dongying, China
fYear
2011
fDate
12-14 Aug. 2011
Firstpage
1
Lastpage
5
Abstract
In recent years, with its sustained and rapid economic development, the contradiction between supply and demand on China´s petroleum is daily outstanding, and it makes the dependence rate of foreign oil resources going higher and higher. With the method of time series analysis and based on the data of China´s oil self-sufficiency and proven reserves from 1980 to 2009, ARIMA models which is used for forecasting China´s oil self-sufficiency in this paper is established, and solutions to deal with the oil problem are proposed.
Keywords
petroleum industry; supply and demand; time series; ARIMA model; China; economic development; foreign oil resources; oil self-sufficiency; supply and demand; time series analysis; Autoregressive processes; Correlation; Economics; Mathematical model; Predictive models; Software; Time series analysis;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2011 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-6579-8
Type
conf
DOI
10.1109/ICMSS.2011.5998414
Filename
5998414
Link To Document