Intelligent system for predicting the price of natural gas based on non-oil commodities

We present a preliminary investigation into a novel approach to natural gas prediction. Experimental data were extracted from the Energy Information Administration of the US Department of Energy. The datasets were pre-processed and used to build a feed-forward neural network intelligent system for p...

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Main Authors: Chiroma, Haruna, Abdulkareem, Sameem, Abubakar, Adamu, Zeki, Akram M., Ya'u Gital, Abdulsalam
Format: Conference or Workshop Item
Language:English
Published: 2013
Subjects:
Online Access:http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/1/Intelligent_System.pdf
id iium-35759
recordtype eprints
spelling iium-357592014-12-08T03:48:34Z http://irep.iium.edu.my/35759/ Intelligent system for predicting the price of natural gas based on non-oil commodities Chiroma, Haruna Abdulkareem, Sameem Abubakar, Adamu Zeki, Akram M. Ya'u Gital, Abdulsalam T Technology (General) We present a preliminary investigation into a novel approach to natural gas prediction. Experimental data were extracted from the Energy Information Administration of the US Department of Energy. The datasets were pre-processed and used to build a feed-forward neural network intelligent system for predicting natural gas prices based on gold, silver, soy and copper. The validation of the intelligent system indicated a Regression (R) = 0.79972 when the reserved datasets were tested on the intelligent system. Natural gas prices can be predicted using non-oil commodities as independent variables. With little additional information, the proposed design can be used to construct intelligent decision support systems to support decision making in the government and private sector. 2013 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/35759/1/Intelligent_System.pdf Chiroma, Haruna and Abdulkareem, Sameem and Abubakar, Adamu and Zeki, Akram M. and Ya'u Gital, Abdulsalam (2013) Intelligent system for predicting the price of natural gas based on non-oil commodities. In: 2013 IEEE Symposium on Industrial Electronics & Applications (ISIEA2013), 22-25 September 2013, Kuching, Sarawak. http://dx.doi.org/10.1109/ISIEA.2013.6738994 doi:10.1109/ISIEA.2013.6738994
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic T Technology (General)
spellingShingle T Technology (General)
Chiroma, Haruna
Abdulkareem, Sameem
Abubakar, Adamu
Zeki, Akram M.
Ya'u Gital, Abdulsalam
Intelligent system for predicting the price of natural gas based on non-oil commodities
description We present a preliminary investigation into a novel approach to natural gas prediction. Experimental data were extracted from the Energy Information Administration of the US Department of Energy. The datasets were pre-processed and used to build a feed-forward neural network intelligent system for predicting natural gas prices based on gold, silver, soy and copper. The validation of the intelligent system indicated a Regression (R) = 0.79972 when the reserved datasets were tested on the intelligent system. Natural gas prices can be predicted using non-oil commodities as independent variables. With little additional information, the proposed design can be used to construct intelligent decision support systems to support decision making in the government and private sector.
format Conference or Workshop Item
author Chiroma, Haruna
Abdulkareem, Sameem
Abubakar, Adamu
Zeki, Akram M.
Ya'u Gital, Abdulsalam
author_facet Chiroma, Haruna
Abdulkareem, Sameem
Abubakar, Adamu
Zeki, Akram M.
Ya'u Gital, Abdulsalam
author_sort Chiroma, Haruna
title Intelligent system for predicting the price of natural gas based on non-oil commodities
title_short Intelligent system for predicting the price of natural gas based on non-oil commodities
title_full Intelligent system for predicting the price of natural gas based on non-oil commodities
title_fullStr Intelligent system for predicting the price of natural gas based on non-oil commodities
title_full_unstemmed Intelligent system for predicting the price of natural gas based on non-oil commodities
title_sort intelligent system for predicting the price of natural gas based on non-oil commodities
publishDate 2013
url http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/1/Intelligent_System.pdf
first_indexed 2023-09-18T20:51:14Z
last_indexed 2023-09-18T20:51:14Z
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