The Impact of Coal Production, Oil and Gas Production, and Fuel Consumption on the Value of Public Assets in the Energy Sector

Abstract

This study aims to analyze the influence of coal production, oil and gas production, and fuel consumption on the value of public assets of the energy sector in Indonesia by using a quantitative approach through multiple linear regression. Secondary data in the form of time series data was obtained from official government publications, then tested using classical assumption tests before regression analysis was carried out. The results of the study show that only partially oil and gas production has a significant effect on the value of public assets, while coal production and fuel consumption do not have a significant effect. However, simultaneously, these three variables have a significant effect on the value of public assets in the energy sector. The Adjusted R-Squared value of 98.59% indicates that the model is able to account for almost all variations in the value of public assets. These findings confirm that energy production capacity, especially oil and gas production, has a major role in determining the size or size of public assets in the energy sector in Indonesia