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Will Russia return the oil flow to the Czech Republic to full volume by the 1st of August?

Voided

Russia has cut the oil flow to the Czech Republic after the Czech's have agreed to place some of the U.S missle defence sheild in there country.

Clarification: To settle as "Yes", the oil flow at the end of July must be reported to be greater than or equal to the flow prior to Russia's action (in June 08). Will use figures released later this week by Czech government re: July oil flow.
 
Forecast history, %
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Voided

Yes
40%
No
60%
Sat 23rd Aug 2:09pm PDT
Reason: This question is not able to be settled. The Czech figures from July are not forthcoming. There were reports of the volume being returned to full, and also of it still being 10% down as of Aug. 1. After considerable research, I'm afraid this must be voided as unsettle-able.
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.

Suspend date: Thu 31st Jul 10:59pm PDT

Initial likelihoods: Yes: 40%

Action history:

Created Tue 15th Jul 10:47pm PDT by abbey
Suspended Thu 31st Jul 10:59pm PDT : Suspend date reached
Settlement requested Sun 3rd Aug 4:35pm PDT by tarpash: This question can be settled, but I don't know what way it should go. This article is ambiguous:

http://uk.reuters.com/article/businessIndustry/idUKL145396220080802

Oil flow returned to "promised levels" but are still 15-20% below "requested levels." I'm not sure what constitutes "full volume" in the question. It still seems like the Czechs believe they are being short-changed on oil.
Settlement requested Mon 4th Aug 12:15am PDT by steez: Hi there. Found this report on the level of oil. I believe this settles the question, what do you think?
http://www.iht.com/articles/2008/07/30/europe/czech.php
Settlement requested Mon 11th Aug 3:16pm PDT by tarpash: I move that this market should be voided due to a lack of reported details. The Czechs promised last week that we would have oil delivery figures by this week, and no figures have been reported.
The closest we've come:

http://www.cnbc.com/id/25935013?__source=RSS*tag*&par=RSS
Reported before Aug 1, Unipetrol doesn't seem optimistic in saying: "The promise we have (from Russia) at the moment is not for the whole 100 percent. The indications suggest that the volume will be somewhat lower than the plan for August."

Second source: http://www.praguemonitor.com/en/397/czech_business/26585/
This report indicates that levels returned to normal in "early August."

I doubt there was ever one moment where oil supplies suddenly jumped from pre-conflict levels to post-conflict levels. Instead it seems Russia turned up the oil output gradually from July 31 onward, meaning that we (much less Unipetrol) have no clue as to when flows reached pre-July levels. There is not one simple time or date where oil levels jumped. We have no way to confirm oil flow reached "full volume" by August 1.
Voided Sat 23rd Aug 2:09pm PDT by infernalmachine[Admin]: This question is not able to be settled. The Czech figures from July are not forthcoming. There were reports of the volume being returned to full, and also of it still being 10% down as of Aug. 1. After considerable research, I'm afraid this must be voided as unsettle-able.
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.... read all

 

Predictions (53)

53 predictions

4 weeks ago
finalvictory predicted No (H$100 at 97%)
4 weeks ago
jaspersoddity predicted No (H$3,000 at 97%)
4 weeks ago
cognos[Power User] predicted No (H$9,900 at 95%)
4 weeks ago
cognos[Power User] predicted No (H$9,900 at 92%)
4 weeks ago
brjschmidt predicted No (H$100 at 90%)
more

Comments (7)

  1 snord
Hmmmmmm! I'll have to think about that one.
posted 6 weeks ago
  2 tarpash
http://uk.reuters.com/article/businessIndustry/idUKL145396220080801

This article makes it seem like levels are still 15-20% below what they normally would be, even though they have inceased to contracted levels. I would say the market should be settled as "NO" but then again, I have a lot of $H riding on it.
posted 4 weeks ago
I'm holding off on settling this. In the Reuters article it says: "A Czech Industry Ministry spokesman said final delivery statistics for July would also be released next week."

So we wait. More on what "full volume" means coming soon.
posted 3 weeks ago
  4 abbey
@infernalmachine, It would be returning the levels to what they were before they
were reduced or a higher output flow.
posted 3 weeks ago
Thanks, abbey. Question has been clarified (see background text), and we are waiting for Czech figures for July this week to settle.
posted 3 weeks ago
I'm still waiting on Czech figures. Here's an article:http://www.bbj.hu/main/news_42258_czechs%2Bsay%2Brussian%2Boil%2Bsupply%2Bat%2Bpromised%2Blevels.html

This basically explains why the inability to settle this yet. If no news within a week, I will have to void this as indeterminable.
posted 2 weeks ago
  7 jchiang
has it been a week yet?
posted 6 days ago

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