What will be the price of diesel fuel on Sunday July 5, 2009?
Settled as 2.620 to 2.639
Price of diesel as released early Sunday morning was $2.623, down .003 from Saturday
Background:>
Background: Diesel fuel has climbed over $2.50 recently, but, compared to its high of $4.845 less than a year ago, still seems relatively cheap. Diesel fuel has a direct impact on the CPI, since it affects the price of everything you buy, most of which arrives by truck. At the same time, it reflects commercial activity and consumer spending (or the lack of it). You buy it, they have to ship it. You don't buy, trucks sit idle, diesel demand goes down and with it the price. On Sunday June 28, 2009, the average price in the USA was $2.631, virtually unchanged from a week earlier but still up 27.5 cents in the last month. Gasoline prices have gone up a lot the last few of weeks with regular gas recently exceeding the price of diesel for the first time in years. Both have leveled off for now, but will it last?
The question is: How much will a gallon of the diesel fuel cost on Sunday July 5, 2009 in the USA, as reported by AAA fuelgaugereport? The price is updated daily in the early morning hours.
Settlement details:As reported by the AAA: http://www.fuelgaugereport.com on July 5, 2009.
What will be the price of diesel fuel on Sunday July 5, 2009?
2.579 or below
2.580 to 2.599
2.600 to 2.619
2.620 to 2.639
2.640 to 2.659
2.660 to 2.679
2.680 or above
Zoom out
Forecast history %
|
| 2.579 or below | |
|
| 2.580 to 2.599 | |
|
| 2.600 to 2.619 | |
|
| 2.620 to 2.639 | |
|
| 2.640 to 2.659 | |
|
| 2.660 to 2.679 | |
|
| 2.680 or above | |
Settled as 2.620 to 2.639 on Sun 5th Jul 3:46am PST
Suspend date: Fri 3rd Jul 7:59pm PST
Settlement date: Sun 5th Jul 3:46am PST
Prediction cut-off: Predictions on this question after Fri 3rd Jul 7:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods:
2.579 or below: 8%, 2.580 to 2.599: 14%, 2.600 to 2.619: 18%, 2.620 to 2.639: 20%, 2.640 to 2.659: 18%, 2.660 to 2.679: 14%, 2.680 or above: 8%
Action history:
Suspended Fri 3rd Jul 7:59pm PST : Suspend date reached
Settled as '2.620 to 2.639' Sun 5th Jul 3:46am PST by
bayoubear![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)

:
Price of diesel as released early Sunday morning was $2.623, down .003 from Saturday
Suspend date: Fri 3rd Jul 7:59pm PST
Settlement date: Sun 5th Jul 3:46am PST
Prediction cut-off: Predictions on this question after Fri 3rd Jul 7:59pm PST have been voided because they were made after the question could be settled details
Predictions (48)
18 weeks ago
kennyk
predicted
2.600 to 2.619 (H$500 at 26%)
18 weeks ago
gonegonegone
predicted
2.620 to 2.639 (H$1,000 at 67%)
18 weeks ago
bobdevine
predicted
2.600 to 2.619 (H$444 at 21%)
18 weeks ago
gonegonegone
predicted
2.620 to 2.639 (H$1,000 at 63%)
18 weeks ago
gonegonegone
predicted
2.620 to 2.639 (H$500 at 58%)
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