World Oil Supply & Demand at New Peak

Predicting the Peak in World Oil Production

The US Department of Energy’s Energy Information Administration recently predicted that world oil production could continue to increase for more than three decades, based on the recent US Geological Survey (USGS) evaluation of world oil resources and a simple, transparent model. However, it can be shown that this model is not consistent with actual oil production records in many different regio...

energy supply and demand in the world and in iran

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Supply and Demand Planning for Crude Oil Procurement in Refineries

The upstream petroleum supply chain is inefficient and uneconomical because of the independence of the four complex and fragmented functions which comprise it. Crude oil exploration, trading, transportation, and refining are functions which may be integrated through unified decision-making facilitated by timely information exchange. This exchange has been problematic because the four business u...

“Estimating Supply and Demand in the World Oil Market,” The Journal of Energy and Development, volume 34, number 1

Scenario Analysis of Residential Demand Response at Network Peak Periods

Electricity demand response refers to consumer actions that change the utility load profile in a way that reduces costs or improves grid security. Residential demand response (RDR) can be treated as an energy resource which can be assessed and commercially developed. RDR prospectors require more detailed information about usage patterns and penetration for specific electrical appliances during ...