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What will be the difference between Gas and Diesel on the EIA Report of 12/8/08?

Settled as Difference is 75.1 to 80 cents

Difference between Regular-All Grades ($1.758) and Diesel-On Highway All Types ($251.5) was $0.757 on the 12/8/08 report

Background:

Oil prices are dropping. Fuel prices are dropping. There is however a big difference in what a soccer dad pays, versus what Tom the Trucker pays at the pump. To answer this question we will use Gasoline-All Grades and Diesel (On-Highway) All Types.
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, %
   Zoom in

Settled

Difference is 50 cents or Less
1%
Difference is 50.1 to 55 cents
1%
Difference is 55.1 to 60 cents
2%
Difference is 60.1 to 65 cents
3%
Difference is 65.1 to 70 cents
11%
Difference is 70.1 to 75 cents
70%
Difference is 75.1 to 80 cents
9%
Difference is 80.1 to 85 cents
2%
Difference is 85.1 to 90 cents
1%
Difference is 90.1 cents or greater
1%
Activity: H$11,039
Settled as Difference is 75.1 to 80 cents on Tue 9th Dec 2008 12:56pm PST

Suspend date: Mon 8th Dec 2008 7:59am PST Settlement date: Tue 9th Dec 2008 12:56pm PSTPrediction cut-off: Predictions on this question after Mon 8th Dec 2008 7:59am PST have been voided because they were made after the question could be settled

Initial likelihoods: Difference is 50 cents or Less: 3%, Difference is 50.1 to 55 cents: 5%, Difference is 55.1 to 60 cents: 10%, Difference is 60.1 to 65 cents: 18%, Difference is 65.1 to 70 cents: 19%, Difference is 70.1 to 75 cents: 15%, Difference is 75.1 to 80 cents: 10%, Difference is 80.1 to 85 cents: 12%, Difference is 85.1 to 90 cents: 5%, Difference is 90.1 cents or greater: 3%

Action history:

Created Wed 3rd Dec 2008 9:36am PST by buckeyetom
Suspended Mon 8th Dec 2008 7:59am PST : Suspend date reached
Settlement requested Mon 8th Dec 2008 2:45pm PST by buckeyetom: WOW! Missed it by 7/1000 of a cent. Outcome is $2.515 for Diesel on-highway all types. And $1.758 for gasoline-All Grades.

$2.525 minus $1.758 = 75.7 cents. Congrats to you 9% who got this right. Good job!
Settled as 'Difference is 75.1 to 80 cents' Tue 9th Dec 2008 12:56pm PST by bayoubear[Admin]: Difference between Regular-All Grades ($1.758) and Diesel-On Highway All Types ($251.5) was $0.757 on the 12/8/08 report

Suspend date: Mon 8th Dec 2008 7:59am PST Settlement date: Tue 9th Dec 2008 12:56pm PSTPrediction cut-off: Predictions on this question after Mon 8th Dec 2008 7:59am PST have been voided because they were made after the question could be settled
more info...

 

Predictions (74)

74 predictions

4 weeks ago
liamkilawee predicted Difference is 70.1 to 75 cents (H$200 at 57%)
4 weeks ago
tata predicted Difference is 70.1 to 75 cents (H$100 at 56%)
4 weeks ago
greyarea predicted Difference is 70.1 to 75 cents (H$20 at 50%)
4 weeks ago
darrin predicted Difference is 65.1 to 70 cents (H$100 at 16%)
4 weeks ago
gtown predicted Difference is 75.1 to 80 cents (H$50 at 15%)

Comments (3)

I lost many Hubdub bucks on this last week.
posted 4 weeks ago
WOW! Missed it by 7/1000 of a cent. Outcome is $2.515 for Diesel on-highway all types. And $1.758 for gasoline-All Grades.

$2.525 minus $1.758 = 75.7 cents. Congrats to you 9% who got this right. Good job!
posted 4 weeks ago
  3 gtown
Wow, glad I placed a coverage bet so I basically broke even. Just shows how volatile gas prices are these days...
posted 4 weeks ago

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