Future-Oriented Policy Making in Oil Exploration and Extraction Using a System Dynamics Approach

Journal of Systems Thinking in Practice

مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 07 تیر 1403

نوع مقاله: Research Article

شناسه دیجیتال (DOI): 10.22067/jstinp.2024.88557.1108

نویسنده

Farzad Amiri^*

Assistant Professor, Department of Industrial Engineering, Faculty of Engineering Management, Kermanshah University of Technology, Kermanshah, Iran

چکیده

Over the years, the process of studying, exploring, and extracting oil has undergone numerous transformations. On one hand, the limitations arising from the depletion of oil reserves and the increasing global demand for this valuable commodity, and on the other hand, the growing dependence of industries on fossil fuels, lack of integration in optimal consumption patterns, labor strikes in the oil sector, wars and political unrest, and instability in the oil market have led major oil-producing countries to implement a wide range of policies to achieve optimal conditions for oil exploration, extraction, and consumption. Moreover, global concerns about the depletion of strategic oil reserves and worries about achieving sustainable and lasting security in the supply of this product make it imperative to seriously address policy-making in the field of exploration and supply. This paper attempts to study the past and present trends of oil exploration and extraction, and to examine the main and root causes influencing this process through a system dynamics model to conduct a content analysis on the best policy-making approach for oil exploration and extraction. The Vensim PLE 7.3.5 software was used to analyze the model components.

کلیدواژه‌ها

System dynamics؛ Non-renewable resource Management؛ Oil exploration and extraction؛ Future-oriented policy making؛ Causal loop diagram