The petroleum industry is a technically challenging business with high investments, complex projects and operational structures. There are numerous companies and public offices involved in the exploitation of a new oil field, and there is a high degree of specialization among them. Even though standardization has been considered important in this industry for many years, there is still very lit...

Administration (EIA) provides analyses used to assess proposed energy and environmental policies and to make energy forecast for the Annual Energy Outlook (AEO). The tool used by EIA for these mid to long term forecasts is the National Energy Modeling System (NEMS), a large-scale model of energy supply, demand, prices, and technologies. One component of NEMS is the Petroleum Marketing Module (P...