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Will "regular" gas prices be up next week (9/8/08)?

Settled as No

Settled as NO as regular gas prices dropped again, this time to 364.8 from 368.0

Background:

Gas prices continued to decline even in the face of worries about Gustav. Now that Labor Day is gone, gas prices should continue to drop...right? Eventually the falling price of regular gas will have to stop. Is it time?

According to the EIA (Energy Information Administration) the price for REGULAR gasoline nationally was $3.680 on September 2, 2008.
http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm

Will the price released by tthe EIA next week be higher than that price ($3.680). 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
33%
No
67%
Activity: H$8,517
Settled as No on Mon 8th Sep 2:26pm PDT

Suspend date: Mon 8th Sep 5:45am PDT Settlement date: Mon 8th Sep 2:26pm PDTPrediction cut-off: Predictions on this question after Mon 8th Sep 5:45am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 30%

Action history:

Created Tue 2nd Sep 2:41pm PDT by bayoubear[Admin]
Suspended Mon 8th Sep 5:45am PDT : Suspend date reached
Settlement requested Mon 8th Sep 5:55am PDT by vincehardy: Answer no. Source CNN:

http://money.cnn.com/2008/09/08/news/economy/gas_prices/index.htm
Settlement requested Mon 8th Sep 5:57am PDT by vincehardy: Answer no. Source CNN:

http://money.cnn.com/2008/09/08/news/economy/gas_prices/index.htm
Settled as 'No' Mon 8th Sep 2:26pm PDT by bayoubear[Admin]: Settled as NO as regular gas prices dropped again, this time to 364.8 from 368.0

Suspend date: Mon 8th Sep 5:45am PDT Settlement date: Mon 8th Sep 2:26pm PDTPrediction cut-off: Predictions on this question after Mon 8th Sep 5:45am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (17)

17 predictions

12 weeks ago
butterflykisser101 predicted Yes (H$50 at 33%)
12 weeks ago
vincehardy predicted No (H$23 at 67%)
12 weeks ago
infernalmachine[Admin] predicted Yes (H$300 at 33%)
12 weeks ago
cookietime predicted No (H$40 at 68%)
12 weeks ago
marshall predicted No (H$100 at 68%)
more

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