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Abstract Oil is one of the vital energy sources in a country. Indonesia is one of the countries that was once the world's primary leading producer but is currently threatened with an oil deficit. This condition certainly requires the right strategy and policy so that Indonesia can meet its domestic oil needs. This study aims to forecast Indonesia's oil consumption and production for 2022-2026 using past data from 1980-2021. This study used the Auto-Regressive Integrated Moving Average (ARIMA) model, where several alternative models were produced in forecasting oil consumption, namely ARIMA (2, 1, 2), (2, 1, 16), (15, 1, 2), and (15, 1, 16) and also alternative models of oil production, namely ARIMA (3, 1, 9), (3, 1, 11), (13, 1, 9), and (13, 1, 11). Based on several alternative models, the best models for forecasting oil consumption and oil production are (2, 1, 16) and (3, 1, 9), respectively. From the results of this study, it is reduced that Indonesia's oil consumption is far above oil production. This, if left unchecked, can negatively affect the country's economy. Thus, research can be used as a reference for policy-making related to fulfilling oil consumption and increasing oil production in Indonesia. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-07-09 How to Cite Wahyudi, H., Lestasi, W. R., Septiyanti, R., & Palupi, W. A. (2023). Walking as an Alternative to Indonesia’s Oil Consumption Problem. International Journal of Energy Economics and Policy, 13(4), 111–119. https://doi.org/10.32479/ijeep.14393 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 4 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Heru Wahyudi, Widia Anggi Palupi, Natural Resources Curse in Indonesia , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Heru wahyudi, R. Weddie Andriyanto, Armeita Tresnaningtyas, Kamadie Sumanda, Widia Anggi Palupi, Analysis of Oil Price and Exchange Rate in Indonesia , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Heru Wahyudi, Suripto Suripto, Widia Anggi Palupi, Long-Term Implications of Economic Complexity and Energy Intensity on the Environment in Lower-Middle-Income Countries in Asia , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Heru Wahyudi, Widia Anggi Palupi, Relationship between Energy Consumption, Foreign Direct Investment, and Labor Force Participation Using the VECM Model: Empirical Study in OECD Countries , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Heru wahyudi, Widia Anggi Palupi, What is the Short-term and Long-term Relationship between Renewable Energy and Investment in Economic Growth? , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Make a Submission Make a Submission Dergi Kapağı

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