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Will gas dip below $1.50 a gallon in 2009?

Current forecast: 32% chance
Combining all predictions, the current forecast is that this is 32% likely to happen (unchanged in last 1 day)

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.

 
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Yes
32%
No
68%
Activity: H$25,685
Question suspends in 51 weeks

Suspend date: Thu 31st Dec 8:59pm PST (51 weeks to go)

Initial likelihoods: Yes: 50%

Action history:

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

Suspend date: Thu 31st Dec 8:59pm PST (51 weeks to go)
more info...

 

Predictions (45)

45 predictions

1 day ago
adammccormicks predicted No (H$100 at 68%)
3 days ago
rogerkni predicted No (H$2,000 at 67%)
3 days ago
rogerkni predicted No (H$4,000 at 61%)
5 days ago
dragon01 predicted Yes (H$20 at 42%)
6 days ago
montezumas_viper predicted No (H$100 at 58%)
more

Comments (3)

  1 pixelpaws
At the rate things are going, we might be below $1.50 in 2008. o_o
posted 6 weeks ago
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 week ago
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 week ago

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