Modeling of A-92 and A-95 Gasoline Consumption in The Russian Federation

The issue of benzene expenditure is extremely significant in the Russian reality. This research aims to reveal the forecast model of A-92 and A-95 gasoline consumption in the regions of the Russian Federation and its main contribution is that it predicts the benzene consumption of the transport in the whole while the models of the previous domestic research aimed to predict the fuel consumption of one particular vehicle. The models are built in the E-views package using the statistical data of 2017 and are tested on the next year values of factors. We expect that the number of automobiles, lorries and buses, the fact that the region is the capital of the state, the presence of metro, the presence of some federal highway will turn out to be the main factors used in the forecast model. In the first chapter of the study the two issues are considered: the alternative fuel market conditions in Russia and the rest of the world and the existing factors of fuel consumption. In the second chapter the data for models is analyzed, the models are estimated with the least square method and the best model is chosen according to the forecast accuracy and the residual sum of squares value.