Diesel fuel up or down? Which will come first: $2.55 or $2.70 on or before July 31, 2009?
Settled as Diesel drops to $2.55 or below
Fuelgaugereport.com reported diesel fuel price as $2.547 early Friday morning
Background:>
Background: Diesel fuel hung around $2.25 for over a month this spring then had a big runup in May and June, peaking near $2.65, following the sharp rise in oil prices. Compared to its high of $4.845 less than a year ago, it still seems cheap, but prices have moved higher. A month ago, the average price in the USA was $2.418. One week ago, it was $2.631, but has drifted down a bit since to $2.627 today. The remarkable run-up these past few weeks may or may not continue in July.
The question is: Will a gallon of diesel fuel price drop back to $2.55 or less, rise to 2.70 or more, or remain between the two values between now and July 31, 2009 (inclusive) 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 or before July 31, 2009.
Diesel fuel up or down? Which will come first: $2.55 or $2.70 on or before July 31, 2009?
Diesel drops to $2.55 or below
Diesel rises to $2.70 or more
Diesel does neither by July 31, 2009 (inclusive)
Zoom out
Forecast history %
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| Diesel drops to $2.55 or below | |
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| Diesel rises to $2.70 or more | |
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| Diesel does neither by July 31, 2009 (inclusive) | |
Settled as Diesel drops to $2.55 or below on Fri 17th Jul 4:38am PST
Suspend date: Thu 16th Jul 7:59pm PST
Settlement date: Fri 17th Jul 4:38am PST
Prediction cut-off: Predictions on this question after Thu 16th Jul 7:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods:
Diesel drops to $2.55 or below: 33%, Diesel rises to $2.70 or more: 34%, Diesel does neither by July 31, 2009 (inclusive): 33%
Action history:
Changed Suspend date Thu 16th Jul 6:32am PST by
bayoubear![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)

:
was: "2009-07-28 18:59:00"
Suspended Thu 16th Jul 6:33am PST by
bayoubear![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)

:
change in suspension time...check comments...reopening in a moment
Unsuspended Thu 16th Jul 6:34am PST by
bayoubear![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)

:
Question will suspend tonight at midnight EDT, will reopen in the morning if it hasn't settled...check comments
Suspended Thu 16th Jul 7:59pm PST : Suspend date reached
Settled as 'Diesel drops to $2.55 or below' Fri 17th Jul 4:38am PST by
bayoubear![This user is an admin [Admin]](http://www.hubdub.com/images/icon_admin.gif)

:
Fuelgaugereport.com reported diesel fuel price as $2.547 early Friday morning
Suspend date: Thu 16th Jul 7:59pm PST
Settlement date: Fri 17th Jul 4:38am PST
Prediction cut-off: Predictions on this question after Thu 16th Jul 7:59pm PST have been voided because they were made after the question could be settled details
Predictions (98)
16 weeks ago
aaronwinborn
predicted
Diesel drops to $2.55 or below (H$100 at 94%)
16 weeks ago
post
predicted
Diesel drops to $2.55 or below (H$100 at 94%)
16 weeks ago
gtown![This user is a super user [Power User]](http://www.hubdub.com/images/icon_superuser.gif)

predicted
Diesel drops to $2.55 or below (H$1,000 at 93%)
16 weeks ago
gonegonegone
predicted
Diesel drops to $2.55 or below (H$5,000 at 95%)
17 weeks ago
gtown![This user is a super user [Power User]](http://www.hubdub.com/images/icon_superuser.gif)

predicted
Diesel drops to $2.55 or below (H$50 at 11%)
Comments (4)
Looks like $2.55 or below will be along pretty soon...
BTW...On my recent travels, I saw gas in the $2.30 range in Texas, then $2.40 in Louisiana before returning and finding my gas at home in Mississippi was as low as $2.27........LET'S HIT THE ROAD ! ! !
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