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https://github.com/v-adhithyan/petrol-price-fluctuation

Economics Assignment :zap: (Sem 1 CEG MBA 16-18)
https://github.com/v-adhithyan/petrol-price-fluctuation

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Economics Assignment :zap: (Sem 1 CEG MBA 16-18)

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# price-fluctuations-of-petrol

Price list was scraped from http://www.mypetrolprice.com/5/Petrol-price-in-Chennai and stored in csv format. In this assignment I considered only Chennai.

# Requirements
- Python 2.7 - to scrape prices and year into csv
- Elasticsearch - to index csv data for visualization
- Kibana - to visualize data (see the below pic)

## Visualization of petrol rates from 2002 to 2016
![sd of petrol rates from 2002 to 2016](https://raw.githubusercontent.com/v-adhithyan/petrol-price-fluctuation/master/stats/petrol-rates-sd-visual.png)

## Causes

* Increase in crude oil rate, increases petrol price.

## Future work

Machine learning to predict petrol prices.

## Sources

* https://www.google.co.in/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=petrol%20rates%20steep%20increase%20from%202010%20to%202012
* http://indiatoday.intoday.in/story/petrol-price-hikes-in-the-last-two-years/1/192328.html
* http://business.mapsofindia.com/india-petroleum-industry/petrol-price-hike/
* http://www.eia.gov/energyexplained/index.cfm?page=gasoline_fluctuations
* http://www.johnhughes.com.au/blog/prices-of-petrol-gas-fuel-prices-how-and-why-they-fluctuate/
* http://www.eia.gov/energyexplained/index.cfm?page=gasoline_factors_affecting_prices
* https://www.quora.com/Why-are-petrol-prices-rising-in-India

## License
MIT.