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China's oil reserve forecast and analysis based on peak oil models

By: Publication details: nov. 2008Description: 5 p. ; 4149-4153 In: Summary: Transcripción del resumen del autor. In order to forecast future oil production it is necessary to know the size of the reserves and use models. In this article, we use the typical Peak Oil models, the Hu-Chen-Zhang model usually called HCZ model and the Hubbert model, which have been used commonly for forecasting in China and the world, to forecast China's oil Ultimate Recovery (URR). The former appears to give more realistic results based on an URR for China of 15.64 billion tons. The study leads to some suggestions for new policies to meet the unfolding energy situation.
Item type: Artículo de Revista
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Biblioteca Alejandro Angel Bulgheroni Not for loan 200055082

Transcripción del resumen del autor. In order to forecast future oil production it is necessary to know the size of the reserves and use models. In this article, we use the typical Peak Oil models, the Hu-Chen-Zhang model usually called HCZ model and the Hubbert model, which have been used commonly for forecasting in China and the world, to forecast China's oil Ultimate Recovery (URR). The former appears to give more realistic results based on an URR for China of 15.64 billion tons. The study leads to some suggestions for new policies to meet the unfolding energy situation.

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