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

World Energy


Natural Gas Predictions - Lasso Model

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

Natural Gas Production Natural Gas Consumption
Historic MSE = 0.0262 Historic MSE = 0.0252
Historic R-Square = 0.9738 Historic R-Square = 0.9748
Future MSE = 0.8341 Future MSE = 0.0.8348
Future R-Square = 0.1659 Future R-Square = 0.1652