EconPapers    
Economics at your fingertips  
 

Nonparametric estimation of petroleum accident risk to improve environmental protection

Kenneth David Strang () and Roy L. Nersesian ()
Additional contact information
Kenneth David Strang: State University of New York
Roy L. Nersesian: Monmouth University

Environment Systems and Decisions, 2014, vol. 34, issue 1, 150-159

Abstract: Abstract The researchers collected and examined 10 years of petroleum-related accidents in the state capital of New York (NY) to develop a preliminary model (N = 1,005). The goal of the research was to propose an evidence-driven methodology to inform urban environmental policy making and emergency preparedness planning. Albany, NY, USA, was a preferentially selected sample site since it was a large city in an environmentally sensitive region with controversial oil–gas fracking policies being debated within government. The objective of the study was to develop a predictive model from petroleum accident data using nonparametric inferential statistical techniques to avoid the constraints inherent of normal distribution assumptions. A statistically significant model was formulated and tested, which indicated that the probability of petroleum accidents in the gas–oil industry was almost six times higher than their occurrence by people in other groups, such as electricity generation, transportation, hospitals, universities, warehouses, government, businesses, and residences.

Keywords: Uncertainty quantification; Oil and gas industry; Petroleum accidents; Risk mitigation; Urban planning; Nonparametric inferential statistics (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10669-013-9476-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:envsyd:v:34:y:2014:i:1:d:10.1007_s10669-013-9476-z

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/10669

DOI: 10.1007/s10669-013-9476-z

Access Statistics for this article

More articles in Environment Systems and Decisions from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:envsyd:v:34:y:2014:i:1:d:10.1007_s10669-013-9476-z