Chai, Jian; Wang, Shubin; Wang, Shouyang; Ju’e Guo - In: Energies 5 (2012) 3, pp. 577-598
In this paper, petroleum product (mainly petrol and diesel) consumption in the transportation sector of China is analyzed. This was based on the Bayesian linear regression theory and Markov Chain Monte Carlo method (MCMC), establishing a demand-forecast model of petrol and diesel consumption...