Abstract
In this study, we review mathematical models of trends in the production of non-renewable resources. We propose new models that allow specifying curve asymmetry and use genetic algorithms as curve-fitting methods. We estimate the quality of fit of our proposed models and use them to predict oil production in the OECD (Organisation for Economic Co-operation and Development) countries, the EU, the U.S., Norway, Syria, the UK, and some fields in Russia; gas production in the EU, the UK and Italy; shale gas production in the U.S.; coal production in the U.S. and Germany; as well as global gold production. The models fit the data accurately in all these cases.
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