On Optimal Allocation of Oil under Uncertainty in Case of Supply Shortage in China
Journal Title: Journal of Ecology & Natural Resources - Year 2017, Vol 1, Issue 1
Abstract
Energy security has become a hot issue since the oil crisis in 1970s, much attention has been paid to the problem how to mitigate the effects of a disruption or shortage to the oil supply. In this paper, we try to establish an optimal plan that allocates the limited oil optimally to the selected sectors in case of oil shortage by employing the interval-parameter fuzzy two-stage stochastic programming model combining with the dynamic computable general equilibrium model. We find that the agricultural sector seems to be the most important unit within the entire country, the oil therefore must be first delivered to this sector in case of disruption; additionally, it’s no necessary for managers in the industrial and constructional sectors to curtail their expansion plans unless a serious oil supply disruption occurs, oil demands are able to be satisfied in most targeted scenarios. In particular, the government should make great effort to improve public transport infrastructure and encourage use of public transport, they can also engage in sponsoring research and development work to increase the efficiency of transportation vehicle and facilities and promoting alternative fuels such as alcohol fuel, reducing vulnerability to oil supply shortfall and alleviating the impact of oil disruption.
Authors and Affiliations
Hongbo Duan
Heavy Metal Analysis of Otamiri River in Imo State, Southeastern Nigeria
This study assesses the heavy metal concentration of Otamiri River in Imo State, Nigeria. Standard sampling and analytical methods were employed during the study. The result shows that in all eleven (11) surface water sa...
A Bird Community Survey of Chinese Fir, Masson Pine and Eucalyptus Plantations in South China-A Case Study
Transect surveys were conducted in Chinese fir, Masson pine and eucalyptus plantations near Liuzhou, Guangxi in south China to determine bird species richness and abundance in the different forest types. The numbers of b...
Assessing Wetlands with Habitat Providers: A Landscape Approach for Handling Degraded Areas for Coal Mining
Land-use changes can decrease the number of individuals and species in certain areas, and diminish or impede movements in landscapes. Here we evaluated the potential of constructed wetlands as habitat providers for birds...
Population Ecology and Economic Importance of Calotropis procera as an Exotic Medicinal Plant
A review is given regarding the medicinal plant Calotropis procera (Aiton) W.T a member of the family (Asclepiadaceae) commonly known as Giant Milk weed. It demonstrated that Calotropis is a perennial xerophytic woody sh...
Relationship between the Demographic Characteristics of Park Users and Park Based User Activities: The Case of Stanley Park and Queen Elizabeth Park
The changing roles of urban parks to cover a wider range of functions have made the study of the park use and user characteristics necessary for the advancement of knowledge and contribution to poli...