The international petroleum exchange model: Reference results and validation
The author describes the IPE model and compares its main results with the data for 1970–1978. The model's results are close to the actual consumer-import demand for those years. The model's forecasts of the future demand for oil imports, over the next 20 years, are considerably lower than...
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| Format: | Article |
| Language: | en_US |
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© Elsevier B.V.
2022
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| Online Access: | http://doi.org/10.1016/0016-3287(80)90023-3 https://hdl.handle.net/1721.1/141498 |
| Summary: | The author describes the IPE model and compares its main results with the data for 1970–1978. The model's results are close to the actual consumer-import demand for those years. The model's forecasts of the future demand for oil imports, over the next 20 years, are considerably lower than the forecasts produced by some other studies. |
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