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...

Full description

Bibliographic Details
Main Authors: Chiroma, Haruna, Abdulkareem, Sameem, Abubakar, Adamu, Zeki, Akram M., Ya'u Gital, Abdulsalam
Format: Proceeding Paper
Language:English
Published: 2013
Subjects:
Online Access:http://irep.iium.edu.my/35759/
http://irep.iium.edu.my/35759/1/Intelligent_System.pdf
_version_ 1848781108261421056
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
building IIUM Repository
collection Online Access
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.
first_indexed 2025-11-14T15:44:19Z
format Proceeding Paper
id iium-35759
institution International Islamic University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T15:44:19Z
publishDate 2013
recordtype eprints
repository_type Digital Repository
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 Proceeding Paper 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
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
title 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_short 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
topic T Technology (General)
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