Rest-of-World | United States | |||||||
Estimate | T-Stats | P-Values | Estimate | T-Stats | P-Values | |||
Gasoline | ||||||||
Constant | 7.474 | 46.26 | 0.00 | 6.431 | 41.03 | 0.00 | ||
Crack Spread | 0.032 | 2.71 | 0.01 | 0.048 | 4.02 | 0.00 | ||
Trend | 0.170 | 27.06 | 0.00 | 0.039 | 2.97 | 0.01 | ||
RVP1 | 0.165 | 1.19 | 0.25 | |||||
RVP2 | 0.305 | 1.92 | 0.07 | |||||
RVP3 | 0.840 | 4.06 | 0.00 | |||||
Rho | 0.533 | 3.10 | 0.00 | |||||
R2 | 0.990 | 0.909 | ||||||
Durbin Watson | 1.635 | 2.031 | ||||||
Distillate Fuel | ||||||||
Constant | 8.697 | 30.56 | 0.00 | 2.125 | 55.90 | 0.00 | ||
Crack Spread | 0.026 | 3.65 | 0.00 | 0.006 | 2.28 | 0.02 | ||
Trend | 0.362 | 29.89 | 0.00 | 0.063 | 25.81 | 0.00 | ||
Rho | 0.720 | 5.51 | 0.00 | −0.178 | −0.90 | 0.37 | ||
R2 | 0.996 | 0.978 | ||||||
Durbin Watson | 1.445 | 2.010 | ||||||
Aviation Fuels | ||||||||
Estimate | T-Statistics | P-Values | Estimate | T-Statistics | P-Values | |||
Constant | 2.982 | 16.08 | 0.00 | 1.517 | 12.31 | 0.00 | ||
Crack Spread | 0.006 | 1.87 | 0.06 | 0.005 | 3.08 | 0.00 | ||
Trend | 0.072 | 9.35 | 0.00 | −0.002 | −0.42 | 0.67 | ||
Rho | 0.793 | 7.04 | 0.00 | 0.897 | 11.40 | 0.00 | ||
R2 | 0.974 | 0.646 | ||||||
Durbin Watson | 1.491 | 1.709 | ||||||
Liquid Petroleum Gases | ||||||||
Estimate | T-Statistics | P-Values | Estimate | T-Statistics | P-Values | |||
Constant | 1.375 | 8.30 | 0.00 | 1.777 | 11.99 | 0.00 | ||
Price/Frac. Spread | 0.015 | 3.45 | 0.00 | 0.011 | 1.04 | 0.30 | ||
Trend | 0.276 | 30.01 | 0.00 | 0.018 | 2.67 | 0.01 | ||
D2008 | −0.203 | −1.68 | 0.09 | |||||
D2012 | 0.277 | 1.95 | 0.05 | |||||
D1991 | −0.146 | −2.88 | 0.00 | |||||
Rho | 0.644 | 4.30 | 0.00 | 0.812 | 7.22 | 0.00 | ||
R2 | 0.997 | 0.997 | ||||||
Durbin Watson | 1.661 | 1.661 | ||||||