Will the price of gasoline fall below $4.00 before Labor Day?
Settled as Yes, price drops below $4.000 before Labor Day
News released by 5:40 Central that the price for Gasoline-all grades was $3.935 . . . question settled as yes, price drops below $4 before Labor Day
Background:>
Take a look to our future...we usually don't expect any drops in price until after Labor Day, but with the volatility of the oil market this summer, there could be some drops along the way. We're just over $4.15 a gallon now, and there have been some drops...but will there be enough of one to get back below $4?
A third option is given just for the heck of it.
Haven't seen it below $4 since 5/26 when it was $3.986 . . .
We're using the gasoline-all grades for settlement from the Energy Information Administration . . .
http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm
Settlement details:
As reported by a major mainstream news source.
Will the price of gasoline fall below $4.00 before Labor Day?
Yes, price drops below $4.000 before Labor Day
No, doesn't drop below $4.000 before Labor Day
Some other outcome
Zoom out
Forecast history, %
Settled
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Yes, price drops below $4.000 before Labor Day |
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No, doesn't drop below $4.000 before Labor Day |
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Some other outcome |
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Activity: H$46,728
Settled as
Yes, price drops below $4.000 before Labor Day on Tue 5th Aug 4:08am PDT
Suspend date: Mon 1st Sep 6:15am PDT Settlement date: Tue 5th Aug 4:08am PDTPrediction cut-off: Predictions on this question after Mon 4th Aug 3:40pm PDT have been voided because they were made after the question could be settled
Initial likelihoods:
Yes, price drops below $4.000 before Labor Day: 34%, No, doesn't drop below $4.000 before Labor Day: 64%, Some other outcome: 2%
Action history:
Settled as 'Yes, price drops below $4.000 before Labor Day' Tue 5th Aug 4:08am PDT by
bayoubear![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)
:
News released by 5:40 Central that the price for Gasoline-all grades was $3.935 . . . question settled as yes, price drops below $4 before Labor Day
Suspend date: Mon 1st Sep 6:15am PDT Settlement date: Tue 5th Aug 4:08am PDTPrediction cut-off: Predictions on this question after Mon 4th Aug 3:40pm PDT have been voided because they were made after the question could be settled
more info...
Predictions (45)
45 predictions
15 weeks ago
intlibber predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 90%)
16 weeks ago
coolkraft predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 79%)
16 weeks ago
destry![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)
predicted
Yes, price drops below $4.000 before Labor Day (H$1,006 at 76%)
16 weeks ago
gypsy predicted
Yes, price drops below $4.000 before Labor Day (H$1,000 at 70%)
16 weeks ago
boogieandjive predicted
No, doesn't drop below $4.000 before Labor Day (H$50 at 9%)
more15 weeks ago
intlibber predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 90%)
16 weeks ago
coolkraft predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 79%)
16 weeks ago
destry![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)
predicted
Yes, price drops below $4.000 before Labor Day (H$1,006 at 76%)
16 weeks ago
gypsy predicted
Yes, price drops below $4.000 before Labor Day (H$1,000 at 70%)
16 weeks ago
boogieandjive predicted
No, doesn't drop below $4.000 before Labor Day (H$50 at 9%)
16 weeks ago
gypsy predicted
Yes, price drops below $4.000 before Labor Day (H$1,000 at 91%)
16 weeks ago
destry![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)
predicted
Yes, price drops below $4.000 before Labor Day (H$2,000 at 85%)
16 weeks ago
Erik predicted
Yes, price drops below $4.000 before Labor Day (H$2,000 at 79%)
17 weeks ago
allenger predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 74%)
17 weeks ago
jaspersoddity predicted
Yes, price drops below $4.000 before Labor Day (H$500 at 73%)
17 weeks ago
atv_punk predicted
Yes, price drops below $4.000 before Labor Day (H$500 at 70%)
17 weeks ago
coolkraft predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 68%)
17 weeks ago
sirvonrohr predicted
Yes, price drops below $4.000 before Labor Day (H$100 at 67%)
17 weeks ago
gypsy predicted
Yes, price drops below $4.000 before Labor Day (H$2,000 at 59%)
17 weeks ago
gypsy predicted
Yes, price drops below $4.000 before Labor Day (H$1,000 at 45%)
Showing recent public predictions only
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Comments (12)
Which is your intent for settlement? (regular or all grades)
Thank you!
Yep, the question itself should probably just say 'gasoline' rather than regular, since all the background refers to 'all grades' and every question I've ever done related to this uses the "all grades' data as settlement grounds...I'll flag and ask for a change in the wording of the question.
I'm getting my regular here on the Mississippi Gulf Coast for anywhere between $3.84-$3.99.
FYI
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