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Will "regular" gas prices be up next week (9/2/08)?

Settled as No

Settled as NO as regular gas prices declined from $3.685 to $3.680

Background:

Gas prices have been steadily declining for the past several weeks, but are we getting near the bottom...concerns about Gustav may cause some increases in price this week.

According to the EIA (Energy Information Administration) the price for REGULAR gasoline nationally was $3.685 on August 25, 2008.
http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm

Will the price released byt the EIA next week be higher than that price. If it is the same or lower it will be settled as NO.


Settlement details: As reported by a major mainstream news source based upon data from EIA.

 
Forecast history, %
   Zoom in

Settled

Yes
86%
No
14%
Activity: H$27,261
Settled as No on Tue 2nd Sep 2:23pm PDT

Suspend date: Tue 2nd Sep 12:59am PDT Settlement date: Tue 2nd Sep 2:23pm PDTPrediction cut-off: Predictions on this question after Tue 2nd Sep 12:59am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 55%

Action history:

Created Thu 28th Aug 9:12am PDT by bayoubear[Admin]
Suspended Tue 2nd Sep 12:59am PDT : Suspend date reached
Settled as 'No' Tue 2nd Sep 2:23pm PDT by bayoubear[Admin]: Settled as NO as regular gas prices declined from $3.685 to $3.680

Suspend date: Tue 2nd Sep 12:59am PDT Settlement date: Tue 2nd Sep 2:23pm PDTPrediction cut-off: Predictions on this question after Tue 2nd Sep 12:59am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (40)

40 predictions

11 weeks ago
jaspersoddity predicted No (H$100 at 14%)
11 weeks ago
bency predicted Yes (H$100 at 86%)
11 weeks ago
kiwifire predicted Yes (H$140 at 86%)
11 weeks ago
dab828 predicted Yes (H$100 at 86%)
11 weeks ago
eckertkid predicted No (H$100 at 15%)
more

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