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    Production/Consumption Elastic Model Lasso Model Multiple Regression Model Ridge Model

World Energy


Natural Gas Predictions - Elastic Model

These figures are reflecting the ElasticNet machine learning model for gas production and consumption. See below for statistical results

Natural Gas Production Natural Gas Consumption
Historic MSE = 0.0271 Historic MSE = 0.0259
Historic R-Square = 0.9729 Historic R-Square = 0.9740
Future MSE = 0.8333 Future MSE = 0.0.8342
Future R-Square = 0.1667 Future R-Square = 0.1658