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The results showed that oil saving potential would be 86 MTOE and 131 MTOE under moderate oil-saving scenario and advanced oil-saving scenario in 2020, respectively. Divisia index method is also widely adopted to analyze energy and environmental problems (Ang, 2004). Divisia index method is made...
If one takes the derivative of the above equation with respect to “t”, the above equation can be reduced to: dQ/dt = aQ(1-Q/URR) Replace dQ/dt with P (current annual production) and divide both sides by Q: P/Q = a – (a/URR) Q If one uses historical data to conduct a l...