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Will gas dip below $1.50 a gallon in 2009?

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
1%
No
99%
Question suspends in 5 weeks

Suspend date: Thu 31st Dec 8:59pm PST (5 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 (5 weeks to go) details

 

Predictions (144)

15 weeks ago
tuff_sledding[Power User] predicted No (H$3,000 at 92%)
16 weeks ago
tuff_sledding[Power User] predicted No (H$2,000 at 92%)
18 weeks ago
kennyk predicted No (H$8,000 at 91%)
18 weeks ago
tuff_sledding[Power User] predicted No (H$3,000 at 88%)
24 weeks ago
lcsnor predicted No (H$10,000 at 90%)

Comments (3)

  1 pixelpaws
At the rate things are going, we might be below $1.50 in 2008. o_o
posted 51 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 46 weeks 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 46 weeks ago

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