Review Article

A New Theory to Forecast the Price of Nonrenewable Energy Resources with Mass and Energy-Capital Conservation Equations

Table 1

Price trends to of selling resources, , extracted resources, , and difference for , (i.e., = = , , =   , and ).

Extraction rate, , Initial condition , or Selling resources, (∞)Extracted resources, (∞)Price difference (∞)

, +∞+∞
≥   +∞
+∞ (Min)
−∞

+∞
+∞

+∞0
+∞
0

undefined, 0

00
0
0 (Max)
0