Created Tue 25th Nov 2008 12:36pm PST by

adammccormicks Level 10, Genius (H$12,303)

Will gas dip below $1.50 a gallon in 2009?

Settled as No

At one time along the way, gas dropped to about $1.60, but that didn't last too long and the year ended with prices around $2.60

Background:

Background: Will the average price of regular unleaded gasoline in the United States drop below $1.50 a gallon?

Settlement details:As reported by <a href="http://www.fuelgaugereport.com">http://www.fuelgaugereport.com<;;/a> the AAA national average for regular unleaded gasoline.

Forecast history %

Yes

100%

Settled as No on Fri 1st Jan 5:52am PST

Activity: H$283,889
Predictions: 149
Comments: 3

Suspend date: Tue 29th Dec 2009 8:59pm PST
Settlement date: Fri 1st Jan 5:52am PST
Prediction cut-off: Predictions on this question after Tue 29th Dec 2009 8:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 50%

Action history:

Created Tue 25th Nov 2008 12:36pm PST by

adammccormicks Level 10, Genius (H$12,303)

Changed Suspend date Mon 21st Dec 2009 8:58am PST by

bayoubear [Admin]

: was: "2009-12-31 20:59:00"

Suspended Tue 29th Dec 2009 8:59pm PST : Suspend date reached

Settlement requested Fri 1st Jan 5:45am PST by

tuff_sledding [Power User]

: It did not. Came fairly close around $1.6, but no cigar.
thanks

Settled as 'No' Fri 1st Jan 5:52am PST by

bayoubear [Admin]

: At one time along the way, gas dropped to about $1.60, but that didn't last too long and the year ended with prices around $2.60

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Predictions (149)

10 weeks ago

ncarolinablue23 Level 4, Whiz-kid (H$1,220)

predicted No (H$100 at 100%)

32 weeks ago

tuff_sledding [Power User]

predicted No (H$3,000 at 92%)

33 weeks ago

tuff_sledding [Power User]

predicted No (H$2,000 at 92%)

35 weeks ago

kennyk Level 17, Superdubber (H$1,103,372)

predicted No (H$8,000 at 91%)

35 weeks ago

tuff_sledding [Power User]

predicted No (H$3,000 at 88%)

Comments (3)

pixelpaws Level 13, Psychic (H$68,778)

At the rate things are going, we might be below $1.50 in 2008. o_o

posted 1 year ago

capecodviking [Power User]

AAA only publishes the average price for each day at that site, right? So, is someone planning to check every night of 2009 to see if it has dipped for a day?

posted 1 year ago

adammccormicks Level 10, Genius (H$12,303)

If it does dip below $1.50 a gallon, I will request a settlement. I check the price everyday because of my other markets.

posted 1 year ago

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