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Will the U.S. National Average for gas reach $5 a gallon by July 4, 2008?

Settled as No

The daily AAA survey recently put gasoline at $4 a gallon in the United States. Analyst are estimating that prices for crude oil could hit $150-a-barrel by July 4, 2008, which many believe will translate to $5 a gallon at the tank.
http://money.cnn.com/2008/06/07/news/economy/gas_prices/index.htm

Edit: Source references this site
We will take "regular" grade for settlement.


Settlement details: As decided by AAA daily survey, as reported by CNN or CNN.com.

 
Forecast history, %
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Settled

Yes
1%
No
99%
Activity: H$84,078
Settled as No on Fri 4th Jul 2008 5:47am PDT

Suspend date: Fri 4th Jul 2008 12:59am PDT Settlement date: Fri 4th Jul 2008 5:47am PDTPrediction cut-off: Predictions on this question after Fri 4th Jul 2008 12:59am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 20%

Action history:

Created Mon 9th Jun 2008 11:17am PDT by vigilante9801
Suspended Fri 4th Jul 2008 12:59am PDT : Suspend date reached
Settlement requested Fri 4th Jul 2008 5:36am PDT by jenniandboys[Admin]: Source lists 4.10

Settles as NO
Settled as 'No' Fri 4th Jul 2008 5:47am PDT by robuk[Admin]

Suspend date: Fri 4th Jul 2008 12:59am PDT Settlement date: Fri 4th Jul 2008 5:47am PDTPrediction cut-off: Predictions on this question after Fri 4th Jul 2008 12:59am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (41)

41 predictions

27 weeks ago
mrmagnum predicted Yes (H$50 at 2%)
27 weeks ago
puny76 predicted No (H$100 at 98%)
27 weeks ago
eckertkid predicted No (H$1,000 at 98%)
27 weeks ago
eckertkid predicted No (H$100 at 98%)
27 weeks ago
eckertkid predicted No (H$50 at 98%)
more

Comments (3)

  1 dieseldog
if an admin is on and bored i would think the 99% rule would settle this now.
posted 27 weeks ago
  2 destry[Admin]
@dieseldog, if you feel that a question should settle, please send a settlement request. The category editors and admins don't monitor the comment boards.
posted 27 weeks ago
  3 dieseldog
@destry...its no big deal either way. i saw it and figured ain't no way gas will be $5 on the fourth. i don't think they celebrate the 4th across the pond. it will give them sumthin to do tomorrow.
posted 27 weeks ago

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