EIA model documentation: Petroleum Market Model of the National Energy Modeling System
The purpose of this report is to define the objectives of the Petroleum Market Model (PMM), describe its basic approach, and provide detail on how it works. This report is intended as a reference document for model analysts, users, and the public. Documentation of the model is in accordance with EIA`s legal obligation to provide adequate documentation in support of its models (Public Law 94-385, section 57.b.2.) The PMM projects petroleum product prices and sources of supply for meeting petroleum product demand. The sources of supply include crude oil, both domestic and imported; other inputs including alcohols and ethers; natural gas plant liquids production; petroleum product imports; and refinery processing gain. In addition, the PMM estimates domestic refinery capacity expansion and fuel consumption. Product prices are estimated at the Census division level and much of the refining activity information is at the Petroleum Administration for Defense (PAD) District level. The report is organized as follows: Chapter 2, Model Purpose; Chapter 3, Model Overview and Rationale; Chapter 4, Model Structure; Appendix A, Inventory of Input Data, Parameter Estimates, and Model Outputs; Appendix B, Detailed Mathematical Description of the Model; Appendix C, Bibliography; Appendix D, Model Abstract; and Appendix E, Data Quality; and Appendix F, Estimation Methodologies.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC (United States). Energy Supply and Conversion Div.
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- OSTI ID:
- 142476
- Report Number(s):
- DOE/EIA-M059; ON: DE94008738; TRN: AHC29407%%7
- Resource Relation:
- Other Information: PBD: 24 Feb 1994
- Country of Publication:
- United States
- Language:
- English
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Petroleum Market Model of the National Energy Modeling System
EIA model documentation: Petroleum Market Model of the National Energy Modeling System