Working papers: applicability of Box Jenkins techniques to gasoline consumption forecasting

Book · Tue Jan 01 00:00:00 EST 1980

OSTI ID:6604174

Reliable consumption forecasts are needed, however, traditional linear time-series techniques don't adequately account for an environment so subject to change. This report evaluates the use of Box Jenkins techniques for gasoline consumption forecasting. Box Jenkins methods were applied to data obtained from the Colorado Petroleum Association and the Colorado Highway Users Fund to ''predict'' 1978 and 1979 consumption. These results prove the Box Jenkins techniques to be quite effective. Forecasts for 1980-81 are included along with suggestions for continuous use of the technique to monitor consumption.

• OSTI ID: 6604174
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
COLORADO
FUEL CONSUMPTION
FORECASTING
CALCULATION METHODS
GASOLINE
ENERGY CONSUMPTION
FEDERAL REGION VIII
FUELS
LIQUID FUELS
NORTH AMERICA
PETROLEUM PRODUCTS
USA
320203* - Energy Conservation
Consumption
& Utilization- Transportation- Land & Roadway