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What will be the difference between Gas and Diesel on the EIA Report of 12/1/08?

Settled as Difference is 70.1 to 75 cents

Difference was 74.5 cents....2.615 for diesel and 1.870 for gasoline

Background:

We're all paying more for food and other items that U.S. truckers bring to our local stores. When November wraps up, what will be the actual difference between the truckers cost for fuel and our personal family gas bills? To answer this question we will use Gasoline-All Grades and Diesel (On-Highway) All Types. For example on 11/24 the difference was 71.2 cents. On 11/17 it was 67.7 cents. On 11/10 it was 66.0 cents.
http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm


Settlement details: As reported by http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm

 
Forecast history, %
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Settled

Difference is 50 cents or Less
0%
Difference is 50.1 to 55 cents
1%
Difference is 55.1 to 60 cents
3%
Difference is 60.1 to 65 cents
5%
Difference is 65.1 to 70 cents
4%
Difference is 70.1 to 75 cents
9%
Difference is 75.1 to 80 cents
7%
Difference is 80.1 to 85 cents
10%
Difference is 85.1 to 90 cents
54%
Difference is 90.1 cents or greater
6%
Activity: H$29,754
Settled as Difference is 70.1 to 75 cents on Mon 1st Dec 2008 6:29pm PST

Suspend date: Mon 1st Dec 2008 6:59am PST Settlement date: Mon 1st Dec 2008 6:29pm PSTPrediction cut-off: Predictions on this question after Mon 1st Dec 2008 6:59am PST have been voided because they were made after the question could be settled

Initial likelihoods: Difference is 50 cents or Less: 2%, Difference is 50.1 to 55 cents: 5%, Difference is 55.1 to 60 cents: 10%, Difference is 60.1 to 65 cents: 15%, Difference is 65.1 to 70 cents: 19%, Difference is 70.1 to 75 cents: 17%, Difference is 75.1 to 80 cents: 15%, Difference is 80.1 to 85 cents: 10%, Difference is 85.1 to 90 cents: 5%, Difference is 90.1 cents or greater: 2%

Action history:

Created Mon 24th Nov 2008 4:16pm PST by buckeyetom
Suspended Mon 1st Dec 2008 6:59am PST : Suspend date reached
Settlement requested Mon 1st Dec 2008 2:13pm PST by gtown: Difference is 70.1 to 75 cents

I come up with 74.5 (261.5 - 187.0)

http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm
Settlement requested Mon 1st Dec 2008 3:13pm PST by buckeyetom: I get the same number, using the same source as gtown. 74.5 cents difference.
Settled as 'Difference is 70.1 to 75 cents' Mon 1st Dec 2008 6:29pm PST by bayoubear[Admin]: Difference was 74.5 cents....2.615 for diesel and 1.870 for gasoline

Suspend date: Mon 1st Dec 2008 6:59am PST Settlement date: Mon 1st Dec 2008 6:29pm PSTPrediction cut-off: Predictions on this question after Mon 1st Dec 2008 6:59am PST have been voided because they were made after the question could be settled
more info...

 

Predictions (168)

168 predictions

5 weeks ago
gtown predicted Difference is 90.1 cents or greater (H$20 at 6%)
5 weeks ago
rbrog77 predicted Difference is 85.1 to 90 cents (H$100 at 50%)
5 weeks ago
gazelle predicted Difference is 85.1 to 90 cents (H$50 at 57%)
5 weeks ago
lcsnor predicted Difference is 90.1 cents or greater (H$20 at 7%)
5 weeks ago
gtown predicted Difference is 90.1 cents or greater (H$50 at 11%)

Comments (1)

11/25 I'm seeing the difference as 85 to 88 cents.
posted 6 weeks ago

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