Walking as an Alternative to Indonesia’s Oil Consumption Problem

نویسندگان

چکیده

Oil is one of the vital energy sources in a country. Indonesia countries that was once world's primary leading producer but currently threatened with an oil deficit. This condition certainly requires right strategy and policy so can meet its domestic needs. study aims to forecast Indonesia's consumption production for 2022-2026 using past data from 1980-2021. used Auto-Regressive Integrated Moving Average (ARIMA) model, where several alternative models were produced forecasting consumption, namely ARIMA (2, 1, 2), 16), (15, 16) also production, (3, 9), 11), (13, 11). Based on models, best are respectively. From results this study, it reduced far above production. This, if left unchecked, negatively affect country's economy. Thus, research be as reference policy-making related fulfilling increasing Indonesia.

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ژورنال

عنوان ژورنال: International Journal of Energy Economics and Policy

سال: 2023

ISSN: ['2146-4553']

DOI: https://doi.org/10.32479/ijeep.14393