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What will be the weekly retail gas price released by the EIA on August 11, 2008?

Settled as Gasoline Price is between $3.851 and $3.900

Settled as between 385.1 and 3.900 as today's announcement set the price for 8/11 at $3.864.

Background:

Well, we're solidly below $4 now, stations in my areas have as low as $3.509 this week...so what will the weekly retail gas price for all grade be this week?

Results from the past few weeks:
7/7/08 $4.165
7/14/08 $4.164
7/21/08 $4.11.8
7/28/08 $4.010
8/4/08 $3.935

http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm

We're using the "gasoline-all grades" data for this question.

Market suspend early Monday morning before any reports can be released.


Settlement details: As reported by a major mainstream news source based upon data released by EIA for 'gasoline-all grades.

 
Forecast history, %
   Zoom in

Settled

Gasoline Price is at or below $3.700 per gallon
0%
Gasoline Price is between $3.701 and $3.750
1%
Gasoline Price is between $3.751 and $3.800
7%
Gasoline Price is between $3.801 and $3.850
42%
Gasoline Price is between $3.851 and $3.900
41%
Gasoline Price is between $3.9001 and $3.950
7%
Gasoline Price is at or over $3.951
1%
Activity: H$20,048
Settled as Gasoline Price is between $3.851 and $3.900 on Mon 11th Aug 2:21pm PDT

Suspend date: Mon 11th Aug 5:45am PDT Settlement date: Mon 11th Aug 2:21pm PDTPrediction cut-off: Predictions on this question after Mon 11th Aug 5:45am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Gasoline Price is at or below $3.700 per gallon: 5%, Gasoline Price is between $3.701 and $3.750: 13%, Gasoline Price is between $3.751 and $3.800: 21%, Gasoline Price is between $3.801 and $3.850: 31%, Gasoline Price is between $3.851 and $3.900: 20%, Gasoline Price is between $3.9001 and $3.950: 8%, Gasoline Price is at or over $3.951: 2%

Action history:

Created Fri 8th Aug 2:02pm PDT by bayoubear[Admin]
Suspended Mon 11th Aug 5:45am PDT : Suspend date reached
Settled as 'Gasoline Price is between $3.851 and $3.900' Mon 11th Aug 2:21pm PDT by bayoubear[Admin]: Settled as between 385.1 and 3.900 as today's announcement set the price for 8/11 at $3.864.

Suspend date: Mon 11th Aug 5:45am PDT Settlement date: Mon 11th Aug 2:21pm PDTPrediction cut-off: Predictions on this question after Mon 11th Aug 5:45am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (120)

120 predictions

16 weeks ago
bayoubear[Admin] predicted Gasoline Price is between $3.801 and $3.850 (H$300 at 40%)
16 weeks ago
dragon01 predicted Gasoline Price is between $3.801 and $3.850 (H$20 at 41%)

Comments (3)

  1 pepe
Why are you always complaining about fuel prices...
In Germany you pay between 1.40 to 1.50 euro / liter, that are between 5.30 and 5.70 EURO / gallon and you complain about 4 $ ???
Come to europe with your hummer...
even russians pay more...
posted 16 weeks ago
@pepe, yeah, because of taxes... Germany charges ecological and sales taxes for each litre of gasoline. Gas is generally less expensive in Germany than in the United States, if you exclude the tax.

So, the Germany people can do something about this - if they want to elect more tax-friendly people into office.
posted 16 weeks ago
  3 dieseldog
ditto at what notable said. i talked to a lady from some euro country and she was blaming bush for their high gas prices. i said the usa pays the same for oil as your country. not bush's fault your govt taxes it more than the usa govt does.
posted 16 weeks ago

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