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What will the avg price of a gallon of regular gas be on January 26th?

Current forecast: 150 ($1.50) to 205 ($2.05) cents per gallon (65% chance)
Combining all predictions, the current most likely outcome is 150 ($1.50) to 205 ($2.05) cents per gallon with a probability of 65% (unchanged in last 1 day)

The trend is going down but after a new President and after the Holidays, I wonder if the downward trend will continue (I Hope So!)

The current average in the US today (11/23) is 207.2 cents per gallon for regular gasoline.

Settlement will be based on the reports issued by the EIA on Monday, January 26, 2009.

http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp


Settlement details: Determined by the price listed next to US on the following website (EIA) - http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp on January 26th.

 
Forecast history, %
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Make your prediction!

150 ($1.50) to 205 ($2.05) cents per gallon
65%
206 ($2.06 to 300 ($3.00) cents per gallon.
15%
Less than 150 ($1.50) cents per gallon.
11%
Greater than 300 ($3.00) cents per gallon.
10%
Activity: H$28,413
Question suspends in 1 week

Suspend date: Sun 18th Jan 9pm PST (1 week to go)

Initial likelihoods: 150 ($1.50) to 205 ($2.05) cents per gallon: 25%, 206 ($2.06 to 300 ($3.00) cents per gallon.: 25%, Less than 150 ($1.50) cents per gallon.: 25%, Greater than 300 ($3.00) cents per gallon.: 25%

Action history:

Created Sun 23rd Nov 2008 9:47am PST by goodpasture
Changed Suspend date Fri 28th Nov 2008 1:31pm PST by jenniandboys[Admin]: was: "2009-01-26 07:00:00"

Suspend date: Sun 18th Jan 9pm PST (1 week to go)
more info...

 

Predictions (30)

30 predictions

23 hours ago
vidal1 predicted 206 ($2.06 to 300 ($3.00) cents per gallon. (H$130 at 14%)
1 day ago
tuff_sledding predicted 150 ($1.50) to 205 ($2.05) cents per gallon (H$100 at 64%)
3 days ago
geekteach predicted 206 ($2.06 to 300 ($3.00) cents per gallon. (H$100 at 12%)
1 week ago
destry[Admin] predicted 150 ($1.50) to 205 ($2.05) cents per gallon (H$1,000 at 48%)
2 weeks ago
frank2877 predicted 150 ($1.50) to 205 ($2.05) cents per gallon (H$100 at 42%)
more

Comments (3)

  1 dieseldog
i talked to a old guy (my grand dad) and he has an interesting theory. people was paying $4 a gallon for gas. they wasn't happy about it, but still wasn't rioting in the steets either. now that gas has fallen to under $2 it won't be long till both the fed and state govt's raise the gas tax. i don't see the fed govt acting by January 26th..i guess some states could. be interesting to see if his theory becomes to be reality.
posted 5 weeks ago
1.89 for regular in the mid atlantic states....
posted 5 weeks ago
I mentioned this before. Adam McCormic got it right. Please do not ask petro questions too early, the markets will bury you if you do.
posted 19 hours ago

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