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

World Energy


Natural Gas Predictions - Ridge Model

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

Natural Gas Production Natural Gas Consumption
Historic MSE = 0.0194 Historic MSE = 0.0212
Historic R-Square = 0.9806 Historic R-Square = 0.9788
Future MSE = 0.8588 Future MSE = 0.0.8607
Future R-Square = 0.1411 Future R-Square = 0.1393