Created Mon 17th Nov 2008 11:37am PST by

pixelpaws Level 13, Psychic (H$66,863)

What will the price of a barrel of oil be for December 2016?

Background: While we always hear about the current month's price of oil on the news, there are plenty of ways of trading the distant future. Take, for example, the markets for oil prices eight years out. We'll be once again discussing a presidential election's aftermath, but what will happen in the world between now and then? How will that affect the oil market?

Contracts expire on the third Friday of the month, which would be November 18, 2016. This question suspends one week before that date.

Settlement details:The final price for the December 2016 oil contract. As of this question's creation, the price is on this page: http://www.ibtimes.com/commodities/data/quote/energies/CL/CLZ6.htm

Forecast history %

$59.99 or lower

$60.00 to $79.99

$80.00 to $99.99

29%

$100.00 to $124.99

12%

$125.00 to $149.99

13%

$150.00 to $174.99

12%

$175.00 to $199.99

$200.00 to $224.99

$225.00 to $249.99

$250.00 or higher

Question suspends in 6 years

Activity: H$7,593
Predictions: 23
Comments: 6

Suspend date: Fri 11th Nov 2016 3:59pm PST (6 years to go)

Initial likelihoods: $59.99 or lower: 2%, $60.00 to $79.99: 10%, $80.00 to $99.99: 20%, $100.00 to $124.99: 20%, $125.00 to $149.99: 20%, $150.00 to $174.99: 10%, $175.00 to $199.99: 8%, $200.00 to $224.99: 5%, $225.00 to $249.99: 3%, $250.00 or higher: 2%

Action history:

Created Mon 17th Nov 2008 11:37am PST by

pixelpaws Level 13, Psychic (H$66,863)

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Suspend date: Fri 11th Nov 2016 3:59pm PST (6 years to go) details

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Predictions (23)

4 weeks ago

coolkraft Level 14, Prophet (H$130,279)

predicted $80.00 to $99.99 (H$303 at 31%)

15 weeks ago

frogchop Level 17, Superdubber (H$1,667,349)

predicted $250.00 or higher (H$100 at 7%)

16 weeks ago

oberon Level 1, Newbie (H$304)

predicted $175.00 to $199.99 (H$50 at 8%)

19 weeks ago

frogchop Level 17, Superdubber (H$1,667,349)

predicted $225.00 to $249.99 (H$20 at 3%)

19 weeks ago

jarrod Level 13, Psychic (H$69,932)

predicted $80.00 to $99.99 (H$1,000 at 22%)

Comments (6)

buckeyetom Level 17, Superdubber (H$1,697,534)

I'm considering asking a question as to whether or not pixelpaws will still be alive in 2016 to settle the question. (You should have put a suspend date of 11/18/08 to seen how many PO'd comments would be left.) 2016......jeeez

posted 1 year ago

randburg Level 19, Uberdubber (H$4,995,961)

SCI--ENCE FI--CTION, double fea--ture...

posted 1 year ago

buckeyetom Level 17, Superdubber (H$1,697,534)

@randburg
Are you implying something about Janet and the Rocky Horror Picture Show in your comment? Is this the Time Warp Again? :)

posted 1 year ago

pixelpaws Level 13, Psychic (H$66,863)

>> 1 "I'm considering asking a question as to whether or not pixelpaws will still be alive in 2016 to settle the question"

That's really not nice. :(

posted 50 weeks ago

wabash Level 13, Psychic (H$84,693)

Maybe you should ask if Hubdub will be around in 2016 to settle the question.

posted 24 weeks ago

coolkraft Level 14, Prophet (H$130,279)

lol

posted 4 weeks ago

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