
Where will Houston’s gas prices rank nationally on September 22, 2008?
Settled as 'second lowest price' as only Boston ($3.600) had a price lower than Houston's $3.660. That price in Houston was down from $3.755 last Monday.
Background:>
Last week, Houston had the lowest price for a gallon of gas of ten cities reported by the EIA (Energy Information Administration) at $3.496 for Gasoline-All Grades as reported by the EIA. The other cities reported are:
Boston 3.577
Chicago 3.949
Cleveland 3.588
Denver 3.738
Los Angeles 3.882
Miami 3.882
New York City 3.677
San Francisco 3.976
Seattle 3.834
So from having the lowest prices nationally among these cities, where will Houston’s prices rank for the report for September 22 in the aftermath of Ike?
If there is no report issued for Houston because of the damage from Ike the question will be voided. In the even of a tie with another city, the settlement will be based upon the position they are both in.
ALSO...please consider there may be laws in place to prevent price gouging, but there may still be a dramatic change in prices even with those laws being applied. Most of those laws should be directed towards individual dealers and stations in regards to their pricing. What we may see is significant price increases from the distributors themselves, which may or may not be covered by the laws in place.
Source for data:
http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_a_epm0_pte_cpgal_w.htm
Settlement details:
As reported by a major mainstream news source.
Settled
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Houston retains lowest price |
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Houston has 2nd lowest |
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Houston has 3rd lowest |
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Houston has 4th lowest |
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Houston has 5th lowest |
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Houston has 6th lowest |
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Houston has 7th lowest |
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Houston has 8th lowest |
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Houston has 9th lowest |
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Houston has highest price |
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Suspend date: Mon 22nd Sep 5:45am PDT Settlement date: Tue 23rd Sep 9:37am PDTPrediction cut-off: Predictions on this question after Mon 22nd Sep 5:45am PDT have been voided because they were made after the question could be settled
Initial likelihoods: Houston retains lowest price: 5%, Houston has 2nd lowest: 12%, Houston has 3rd lowest: 16%, Houston has 4th lowest: 22%, Houston has 5th lowest: 14%, Houston has 6th lowest: 12%, Houston has 7th lowest: 8%, Houston has 8th lowest: 6%, Houston has 9th lowest: 3%, Houston has highest price: 2%
Action history:
Source:
http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_a_epm0_pte_cpgal_w.htm
Suspend date: Mon 22nd Sep 5:45am PDT Settlement date: Tue 23rd Sep 9:37am PDTPrediction cut-off: Predictions on this question after Mon 22nd Sep 5:45am PDT have been voided because they were made after the question could be settled
more info...
Predictions (157)
157 predictions
Comments (3)
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