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The Average Price of Gas Per Gallon Above $4

The Average Price of Gas Per Gallon Above $4
Category:
Economy
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Description

Per http://www.gasbuddy.com/, the average price per gallon in the United States will be above $4.00 before August 1st. If at any point between the start of the bet and August 1st the price hits $4.00 or more, the bet will resolve as YES. If the price of gasoline does not reach $4.00 before August 1st, the bet will resolve as NO.

Decision Logic

Per http://www.gasbuddy.com/, "Yes" if the average price per gallon in the United States will be above $4.00 before August 1st. If at any point between the start of the bet and August 1st the price hits $4.00 or more, the bet will resolve as YES. If the price of gasoline does not reach $4.00 before August 1st, the bet will resolve as NO.

Charts can be seen here:

http://www.gasbuddy.com/gb_retail_price_chart.aspx?time=3

3325
CLOSING IN2014-07-09 21:10:00

2:05AM, Jun 20, 2014 UTC

9:10PM, Jul 9, 2014 UTC

6:05AM, Aug 1, 2014 UTC

RESOLVED AT 12:12PM, Aug 1, 2014 UTC

Total Volume: 1.943

This bet has been resolved!

The outcome was "No"

1.94313363 was split between 19 bettors.
YES
Volume:0.4141
1.19290879
# of Bets:9
NO
Volume:1.529
4.39538322
# of Bets:19

Discussion

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chakudaku 7:38AM, Jul 11, 2014 UTC
Good luck to the optimists here. Doesn't look good. Just saw gas drop 30 cents in 2 days. Darn!
Avalon 3:20AM, Jun 20, 2014 UTC
FTFY - for the record, put all determination specifics in the outcome determination field in case of disputes
whatever 2:30AM, Jun 20, 2014 UTC
welp....that was a bad mistake.....

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